Australia's largest stock trading and investment forum Australia's #1 stock forum

JLL

Click for more information

4.92%

32.0¢ jindalee lithium limited

Braver than me.I think I'll wait for the PFS or funding news...

First 49 Last

Share
Profile

Follow
Obi

802 Posts.

35

21/06/24

17:35

Post #: 74431202
Share

Originally posted by rbm72: ↑

Good question. I have checked the short register and there is only about 50000 shares shorted out of 61M, which is interesting considering it would not have taken much to make it drop given how lightly traded it is (or was) and the number of other lithium players being shorted at present in the top 30 most shorted stocks...

This all started about 9 months ago when the stock was 6 times the current share price and there is a regular pattern of larger parcels selling at a time with parcels being dropped rather than placed for sale as much as 100,000 shares at a time in recent times. It feels like a broker has been unloading several million + shares for some time and with the absence of buyers in equivelent volumes chasing the stock it has been retreating. I topped up this week and hoping we have reached the end of the dumping. My opinion only though.

Expand

Braver than me.

I think I'll wait for the PFS or funding news before I consider buying more.

Ive been stung every time I stick my neck out. Happy to forego some price rise for a bit more certainty that it is viable with low lithium pricing.

JLL Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 2 more messages in this thread...

First 49 Last

Add JLL (ASX) to my watchlist

(20min delay)
Last 32.0¢		Change 0.015(4.92%)		Mkt cap ! $19.35M

Open	High	Low	Value	Volume
31.0¢	32.0¢	30.5¢	$22.92K	72.13K

Buyers (Bids)

No.	Vol.	Price($)
2	25991	31.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.0¢	1	1

View Market Depth

No.	Vol.	Price($)
1	9991	0.310
2	2100	0.300
1	4400	0.290
1	20000	0.285
1	20000	0.280

Price($)	Vol.	No.
0.310	5850	2
0.320	4000	2
0.350	5000	2
0.355	775	1
0.360	11692	2

Last trade - 15.57pm 25/06/2024 (20 minute delay)

JLL (ASX) Chart