What is happening now regarding the shareprice is very transparent. Shorters have now gone all in for capitulation which means we just about at the bottom price wise. It could go a bit lower but as you can see from the buying appetite we are pretty much there. The amount of paid down rampers piling in with any and every angle they can think up is very evident as they are relentless. Of course there is the ones who join the bandwagon so they can get in cheap because they see the value here, then there is just the jealous losers that talked down this company from under 10 cents and missed the massive gains who now feel somewhat vindicated because the share price had dropped some. Please remember the long term holders still know what we have and still have gains that most people won't get in 20 years in the market. This is the big squeeze now to try instil fear and doom and you can tell by the volume what is happening. Once this is done there will be a bit of a lull and then share price appreciation again. It is a typical shorter playbook. It's very common knowledge the Chinese market goes to sleep for the Chinese new year and all numbers are low regarding battery metals, ev production and sales. This with a lucky negative announcement (which isn't that bad considering the calibre of the board) and the shorters pounced knowing there isn't much time before the Chinese restocking. The narrative that high cost Chinese lopidelite will somehow fill the gaps of a massive yoy evs sales and production growth is ridiculous as they are now unprofitable so have stopped. What's the cure for low prices? Yep low prices and the writing is on the wall. I've seen this over and over again with the shorters. Once they buy back I guarantee you most of these paid down rampers will be gone and only the losers who couldn't make a buck from this stock will stay trying to make them selves feel better why they missed out only to miss the upcycle again. So obvious.
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Last
61.0¢ |
Change
-0.040(6.15%) |
Mkt cap ! $1.479B |
Open | High | Low | Value | Volume |
62.5¢ | 64.5¢ | 60.0¢ | $11.74M | 18.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 453484 | 60.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.0¢ | 487392 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 453484 | 0.605 |
83 | 991110 | 0.600 |
9 | 375723 | 0.595 |
19 | 259682 | 0.590 |
6 | 137229 | 0.585 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 487392 | 4 |
0.615 | 209885 | 5 |
0.620 | 197319 | 5 |
0.625 | 4819 | 2 |
0.630 | 54000 | 3 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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