I really do believe that the people who are across this stock now ...., PLUS the ones who have recently added their interest. Perhaps more so the alter ones who are now across the potential of this stock.
These various investors in part have no doubt realized over the last couple of days , that there was absolutely ZERO benefit to dropping the SP to 5.7 cents on just 4.5 million or so ( including Chi-x ). Unless you were purposefully accumulating more.
So effectively we've now had yesterday's movement play that strategy out , and because we now see that the ' Market ' has this visibility of the potential to move the valuation up on much less volume than that of the 20 odd million that went through on Wednesday......
So you now can see that the market clearly knows this , and is now prepared to test it out further by building the BUY side knowing that the daily movements to the upside are going to be potentially LARGE.
And this of course is without the obvious ' Fundamental ' information that is clearly available out there on the stock and accessible to ALL investors if they choose to look for it.
So in summary , it really does need this ' Liquidity ' for Investors to be more comfortable in their participation in the emerging story by perking up their willingness to re-enter the play on this stock.
And keep in mind that long before this refocus on lithium and back before the consolidation , the stock had been trading for ages at .006 and .007 cents - Which explains a lot why they did their last significant Cap raise at 10.5 cents ( post consolidation ).
So if you're BUYING at these levels , you're still miles in front of the last Cap raise , miles in front of the expiry of the 20 million odd 2022 options which BOTH occurred back when the market in lithium was arguably more buoyant . At least until recently with the additional M&A which has been happening around us.
So not a bad effort across the last 3 days. Not bad at all.......
(20min delay)