Cheap is supply demand. Bitcoin is 50k. Many lithium stocks 5-10 Billion market cap. They are no revenue. How much are their CEO paid?
At 10c, market cap is less than 2m. That’s a TINY 5 thousand times smaller than one of the larger no revenue Lithium stocks on the ASX. I repeat 5000x smaller.
A mere 200k order at 10c equates to 2 million shares. More than 10% of the market cap.
Even if you buy 200k now. It drops to 10c, you lose 150k. WOW. You buy another 200k and your average price probably 12c
Cheap is supply demand. Bitcoin is 50k. Many lithium stocks 5-10...
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