A very interesting presentation and quarterly figures IMHO.
For the conservative investor(small or large), obviously it's not an entry point as they will be looking at September quarterly for an entry.
For funds, mid to long term investors that are looking to enter a lithium company that has proven management behind it, has cash in the bank, has custormers/offtakers that are at the large end of the town as major players and a great perspective for growth from now on, at these price leves, this is a steal IMHO....
I expect a weekend and another week or two of digestion of data, many will be calling the company or emailing for more clarification on fin figures and we should start to see interest via change of trading pattern IMO.
As I've mentioned before, China is putting a *new package stimulus that I hope it will be entering the markets end of Feb - early March... unless they surprise the markets.... This package has a direction that will reflect and stimulate commodities....
I also believe that the deadline of first week of March, when USA vs China trading deal wars will come to an interesting deal that will positively benefit many well funded, company with large customers and deals... large fins and funds will be looking to park their cash in companies that has future growth.
Well done to the Pilbara Minerals for such a short period of ramp up.... now for the exponential growth that will see value for the company, investors and the whole industry.
This is a truly baby FMG in the making IMHO....
Happy Australia Day at OZ land... miss there.....
GLTA
cheers
T10
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B |
Open | High | Low | Value | Volume |
$3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
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No. | Vol. | Price($) |
---|---|---|
12 | 65571 | $2.97 |
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Price($) | Vol. | No. |
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$2.99 | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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6 | 31349 | 2.970 |
4 | 132800 | 2.960 |
18 | 125955 | 2.950 |
6 | 65060 | 2.940 |
2 | 20000 | 2.930 |
Price($) | Vol. | No. |
---|---|---|
3.000 | 20026 | 1 |
3.010 | 24424 | 4 |
3.020 | 96009 | 5 |
3.030 | 35260 | 4 |
3.040 | 46200 | 5 |
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