PSC 3.70% 13.0¢ prospect resources limited

No doubt about opportunity buying. A few macro factors affect...

  1. 519 Posts.
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    No doubt about opportunity buying.

    A few macro factors affect all companies but more so those in an infant stage from a sentiment point of view.

    What the herd need are photos, videos and fancy engineering and geology diagrams they think they understand.

    Others know that hard rock lithium fundamentals for the next few years at are solid. Zimbabwe is desperate for this to happen. PSC management are competent and not just spin/hype generating doctors. The Chinese want this entire deposit.

    So will the SP go up? Fundamentally based on the above you would say it's a no brainer.

    But with the interests of top 20 controlling 60 odd percent perhaps their trading house partners aren't aligned. A bit like game theory. They are either swindling each other to floor the price for max pickup or they are taking max profit before the EOFY.

    Who knows. I am hopping common sense prevails. 20c would be great!!
 
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Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $62.22M
Open High Low Value Volume
13.0¢ 13.0¢ 12.0¢ $48.08K 384.4K

Buyers (Bids)

No. Vol. Price($)
1 11000 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 4761 1
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Last trade - 15.54pm 11/07/2024 (20 minute delay) ?
PSC (ASX) Chart
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