LEL 0.00% 39.0¢ lithium energy limited

Ann: DLE Resin Testwork Recovers 92% Lithium from Solaroz Brine, page-38

  1. 1,649 Posts.
    lightbulb Created with Sketch. 86
    MP its all just my opinion, but remember the 'market makers' are allowed to do things that pundits can't. By that I mean use bots to manipulate prices up or down, have split buy and sells, among other things.

    place iceberg amounts which you can't see on a standard platform such comsec

    if you want an education, pay for access to IRESS and you will see how live trading works. All the bots do is manipulate vwap and this all lawful if you are market maker.

    its all designed to increase liquidity allegedly, so its legal. What's not legal is boiler rooms where traders work together to short or pump a stock. Most of the time it is subtle and difficult to prove.

    punters just have to get better at predicting what the bigger players want to achieve. Its all about making money whether through shorting or pumping.

    Lel is in the right position to be rerated due to FA but low liquidity holds it back.


    in the absence of bad news and a stock is dead it can either be bad news is not being told or the hope is to shake smaller holders out. Sometimes Ihave to be careful of a pump with no news as this can allow traders to get out on high and then short like in the case of AVZ a few years ago. They may also want to sell and participate in the next CR.

    any hoo it is easy to get caught and I still do but getting caught with a good stock is better than abad one if that makes sense?

    Remember charting only helps on liquid stocks IMHO.

    cheers
    Wad

    I will probably get a lot of eye rolls for this but I hope it helps
    Last edited by wadsworth: 23/02/24
 
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Last
39.0¢
Change
0.000(0.00%)
Mkt cap ! $43.68M
Open High Low Value Volume
38.5¢ 40.0¢ 38.5¢ $37.02K 94.69K

Buyers (Bids)

No. Vol. Price($)
2 470 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 18000 1
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Last trade - 15.00pm 21/06/2024 (20 minute delay) ?
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