Well I can disclose I am sitting on a massive loss position since the share price has dropped from $15.50 to $4.90, its taken just under 12 months to see this fall from July 2023, how long will it take to see the SP recover to $15.50? 2 years ?? 3 years ?? 12 months?
There is so much conflicting information about supply surplus and supply deficit, and that the Chinese Futures market is not a true reflection of the correct price of Lithium.
All I can do is sit and wait it out, this has been a major lesson for me and should have set a stop loss above $10.
How are other long term holders feeling right now?
LTM Charts, page-40
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Last
$3.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.399B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.01 | $3.91 | $6.639M | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5671 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 751 | 1 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |