Dugsab, the man, the myth, the legend over on Reddit. Must admit we are all surprised. A man of focus, commitment and sheer will. Don’t think I’ve seen someone with so much dedication to question a stock for several years. Think I’ve seen you at the $0.3 days.
The harder they rise, the harder they fall. 70% in a few days. Previously I’d say it’s 50/50 with shorts targeting the stock and how much lithium has blown up with 5 uptrending wave cycles but continual rate rises increase the chance of a recession, and recessions spare no stock. That’s a fact. Shorters have the power.
Also @mbot your comment above on scalability, as Dugsab has been saying, it hasn’t been proven. That’s probably why Ford hasn’t signed a binding off take agreement. If Ford does sign it before scalability proven, I’ll eat my words. Until then, it explains the concerns people have with this stock. Has a way to go to prove it’s a $1 or $2 billion stock. All imo, however this stock has had huge liquidity and massive momentum compared to other lithium stocks pre and in production. One of the best stocks in the ASX for trading.
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4.1¢ |
Change
0.002(3.85%) |
Mkt cap ! $69.24M |
Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $317.2K | 7.762M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1116288 | 4.0¢ |
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Price($) | Vol. | No. |
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4.1¢ | 85187 | 2 |
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No. | Vol. | Price($) |
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11 | 1108522 | 0.040 |
13 | 2178792 | 0.039 |
14 | 2668820 | 0.038 |
18 | 2041085 | 0.037 |
16 | 1271546 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 1460972 | 14 |
0.043 | 1023621 | 9 |
0.044 | 1067754 | 5 |
0.045 | 571478 | 6 |
0.046 | 886266 | 7 |
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