There has always been a lot of traders playing around with this stock, but I reckon that the weakness in the share price has more to do with fear of a low grade Lithium result.
I would not be surprised if the Lithium grade for the Mississippian is way above expectations of around 300ppm, or much more, but it could also be a low result of closer to 50ppm Li.
The unknowns here would be spooking a few investors, as the share price has done nothing on a strong market green day, and poorly on red days.
ASN General Discussion, page-222
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $135.5K | 1.128M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29833 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 152310 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |