PLS chart, page-22762

Hi Kenneth

ALB smashed again overnight currently down 6.8%. I liked your debt comparison and it sort of makes some kind of sense.

However in my analysis I also looked at SQM , Tianqi (002466) and Ganfeng (002460) all heavily down from my Dec 2022 reference date 50s-60%,.

I wonder if the poor debt ration is chronic to this industry. Have a look at the LIT eft.

The LIT eft just recently filled two more previously unfilled gaps.

Here is a history of the LIT eft gapping filling since I started to keep records. So far 7 have been filled.
56.62-56.94
49.91-52.06
46.09-47.56
43.46-44.23
39.45-40.21
37.40-38.04 (filled in August)
36.10-36.45 (filled in the last week) That gap created July 2020.

Here is my current list of still unfilled lower gaps for the LIT eft. LIT eft current price 35.52
32.62-34.10 (huge gap)
32.06-32.24
39.32-30.51
27.15-28.02

cheers Lies