Sorry to see CXO , SYA LKE taking a tumble ...
Jeez must be thousands of investors locked in at higher prices that will never be reached for years....maybe CXO has a chance of recovering over next few years.....
Seems the ...Lithium wannabees cannot get enough income/revenue to justify their market cap.
so the market just drops them down accordingly....boom boom SYA was 22 + cents now 10 ish... Lake resources ..down 80 % .same thing ...
CXO ... still not enough income /return to justify their S/P .... so market just takes it down ...... debt problems
I was a big trader / follower of SYA ...BUT their deal with PLL was that production would go to PLL for like $900 a ton ... so again /....no income for years .....CEO resigned & selling his shares .... millions & millions ..
September /October are always down months in U.S. markets...& U.S. has lotsa headwinds ....
PMT is showing a classical bullish set up ...today .....sorta feels like an announcement is imminent..
Personally I'm watching for a positive announcement ...BUT if S/P drops below $1.40 ish I'm out !....coz U.S. markets are dropping now ...
good luck everybody...
PMT Megathread, page-1082
-
- There are more pages in this discussion • 671 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
56.5¢ |
Change
0.055(10.8%) |
Mkt cap ! $352.0M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 57.3¢ | 52.3¢ | $1.599M | 2.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7454 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |