Dear Lab4
could you please let me know when you think it’s time to be buying?
It will help me to know when I should start locking in profits!
Ha ha … but seriously ..
our mutual friend … the tfe man is right on the money … lithium prices are very oversold (back at price that only a few can make money) demand in the future greatly exceeds current supply (3 Pilangoora’s required per year), large short positions, Chinese playing games etc etc
Once this sentiment turns, it will run up again hard and it will be too late to buy (nobody rings a bell at the top, or the bottom).
The professionals seem to have been buying today (see WC8 turnover).
They may still be early/wrong for a couple of days … but I doubt it
Mr Ellison and Gina will keep playing …WC8 is unfinished business for them … as they won’t want others to get the jump
Early signs of lithium bounce overseas, page-28
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Last
28.5¢ |
Change
0.025(9.62%) |
Mkt cap ! $343.8M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 29.5¢ | 27.5¢ | $1.277M | 4.504M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 100782 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 111442 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |