Citi and GS urging on afr today that traders take profits
Note, they’re urging ‘traders’
What do traders have that they can sell if the sp has been in decline?
classic- the beot looks like are done shorting, they urge traders to ‘take profits’ or short further the lithium stocks, so that they can scoop lower
these guys change their narrative every fortnight or so. Rinse and repeat
So focus on knowing Ltr is the most undervalued tier 1 in the sector, is about to commence production and is still the most compelling takeover target. The industry is aware this is the world’s best lithium project to come online this year. Its premium product with premium price will be a stand out in times like this
ASX Today, page-39303
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Last
60.8¢ |
Change
-0.018(2.80%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.5¢ | 60.5¢ | $1.973M | 3.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 614301 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 162764 | 18 |
View Market Depth
| Last trade - 10.47am 06/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |