if anyone were to master algos as a reliable indicator and determining factor you would quite simply make a fortune considering quants are usually very well paid to create the confusing array to split micro cents out continually, with no trade costson a per trade basis. Selling single units whose sole purpose is to create movement in vwap while maintaining a strategic position front running stock often split between Chi-X and the ASX or across exchanges while factoring things like theoretical commodity value and exchange rates. LPD along with many others in the Li space are being hammered largely because of the perceived position China has and discounting any other potential market for product . Other markets are in reality only just beginning the progress into the chain of supply disruption largely caused by COVID and now the Ukraine /Russian conflict which in itself contributes to significantly higher costs for miner and refiners. It seems most forums for other stocks on the asx contain very similar comp[laints regarding perceptions of BODs and what might influence the dropping SP. SOI could be an issue if the timeline to production becomes evermore distant be I doubt that will be restricted to LPD given supply issues for machinery etc across the supply chain . So am I disappointed YES do I blame the BOD of LPD NO, I was raised in a rural world and thats full of risk flood fire pestilence , oversupply. The ASX and commodities are no different and LPD is yet to reach real production of any sort. Financing once approved should help outlooks and assuming targets working toward production are met then its difficult to imagine a negative outcome the processing is I think in the best possible place for access to a market, and China has a long history of disruption to production at this time of year
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