A great announcement and I love the name of the new lithium entity. Whoever came up with it obviously thought long and hard about choosing a name that works on more than just one level, and is attention-grabbing.
Today's SP action looks like classic "buy on the rumour, sell on the news" action from short term traders.
What will be interesting is today's close. I've seen 0.50 and 0.55 bandied about as supports in previous threads (as a fundamentals kinda guy, I suck at charting so I'm just copying other people's homework here). Could this be a floor on FFX's price, at least in the immediate future?
All IMO. GLTAH.
A great announcement and I love the name of the new lithium...
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| FFX (ASX) Chart |
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