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34.0¢ jindalee lithium limited

Ann: Jindalee Advances US Government Funding for McDermitt, page-49

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21/06/24

17:35

Post #: 74431202
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Originally posted by rbm72: ↑

Good question. I have checked the short register and there is only about 50000 shares shorted out of 61M, which is interesting considering it would not have taken much to make it drop given how lightly traded it is (or was) and the number of other lithium players being shorted at present in the top 30 most shorted stocks...

This all started about 9 months ago when the stock was 6 times the current share price and there is a regular pattern of larger parcels selling at a time with parcels being dropped rather than placed for sale as much as 100,000 shares at a time in recent times. It feels like a broker has been unloading several million + shares for some time and with the absence of buyers in equivelent volumes chasing the stock it has been retreating. I topped up this week and hoping we have reached the end of the dumping. My opinion only though.

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Braver than me.

I think I'll wait for the PFS or funding news before I consider buying more.

Ive been stung every time I stick my neck out. Happy to forego some price rise for a bit more certainty that it is viable with low lithium pricing.

JLL Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 34.0¢		Change 0.000(0.00%)		Mkt cap ! $21.16M

Open	High	Low	Value	Volume
35.5¢	36.0¢	33.5¢	$33.74K	97.02K

Buyers (Bids)

No.	Vol.	Price($)
3	3692	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	7923	1

View Market Depth

No.	Vol.	Price($)
2	10035	0.335
1	3231	0.330
3	50306	0.320
2	40000	0.310
2	15330	0.300

Price($)	Vol.	No.
0.340	13006	1
0.350	20	1
0.360	10000	1
0.400	11000	1
0.420	12000	1

Last trade - 15.49pm 11/07/2024 (20 minute delay)

JLL (ASX) Chart