We're about to lose our 52 high (27c) in a couple days (10/06/16).
Another week or two and the 52 week high will be under 20c.
The hype of Tesla's Gigafactory this time last year saw a surge in interest in lithium stocks.
Both retail and insto's were caught in the hype. $20M was raised at 20c by Bizzell and Canaccord.
Previous announcements suggested funding would be made final in Q1 which was been updated to Q2. With a couple weeks until EOFY this could end up being Q3.
Yes, there is manipulation occurring to hold the share price where it is.
Yes, the delay in funding (debt or equity) is also weighing on the share price.
Yes, the market will always find fair value ...... eventually.
AJM Chart, page-633
-
- There are more pages in this discussion • 6,652 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 1MC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $8.935M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.3¢ | $2.933K | 88.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 187955 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 123310 | 2 |
View Market Depth
| Last trade - 15.38pm 02/09/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |