And down she goes. Lithium fundamentals are in the toilet just look at the announcement from PLS this morning. Massive global over supply and more projects coming on line over the next two years.
This stock has all the hallmarks of another well known market dog,,, SYR with a certain well know Melbourne mining identity (who is apparently quite close to one Perth based WC8 director) spruiking the same world class deposit story and sweet talking instos into taking part in massive placements at well over 12x the current share price ,,,,hmm sound familiar ?
Only people going to make any money out of this stock unless the lithium price has a V shaped recovery are the boys club who got cheap stock and the scumbag bankers/stockbrokers who don't give a shit what the stock does as long as they get their fee.
WC8 Price at posting:
32.5¢ Sentiment: Sell Disclosure: Not Held
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