I’ve had another thought … considering we are not the only lithium stock tumbling in June .. maybe people that cashed in on great gains first few months of 23/24 financial year are now taking losses by selling . so as to lower the capital gain tax … which is probably blatantly obvious now I think of it…they can’t buy back straight away because that’s deemed as Tax avoidance, so maybe they’ll buy back what they sold come this time next mth hoping for a turnaround in lithium prices in the next financial year ..
Banter and general comments, page-38593
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9.3¢ |
Change
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Mkt cap ! $200.8M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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