INR 4.88% 19.5¢ ioneer ltd

80c by end of Oct 2021, page-76

  1. 3,113 Posts.
    lightbulb Created with Sketch. 1185
    Its not always just a chart read bro. Just keep in mind external factors ie demand pull inflation atm and the overheated lithium market. Macroeconomics very much impacts stocks and can certainly through them out of chart patterns if the event is severe enough.

    Between Musks "imma sell my stocks" and inflation fears yesterday in the US we have seen a 5% fall today so far...
    Its funny how a fart on one side of the planet can be read as a tornado on the other side. Good old Chinese whispers.

    Ioneer is in a great position atm, cashed up, ready to build, partnered with a large company and even if the market took a dump and SP fell we would be able to ride out the storm, no more capital raises

    Any opportunity is a top up opportunity between now and permits. Get them while you can because they wont last!


 
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