Post below from Bayhunter (hope its ok to reproduce) gives a good idea why we still have players ticking this back with bots and cappers, and why the potential slowly being revealed here is very compelling.
Once the market understands this, (and markets can be dumb for periods of time), then the big volumes will come imo.
"The Hydroxide results today showed the superior results of LOH-Max compared to its peers of Livent, Albmarle and Tianqui.
It is interesting to note the market capitalisation of these companies to which our Hydroxide results have been compared.
I have converted their current market cap to AUD for comparison to LPD which is currently $74m AUD
Livent $1900m
Albemarle $12000m
Tianqi $10000m
The LPD share price can appreciate 10 fold and still be only lunch money compared to these players.
GLTAH"
Ann: High Purity Lithium Hydroxide Produced, page-72
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $3.073K | 1.539M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 119 | 260463343 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 25025657 | 4 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |