Australias Chris Bowen has just walked away from an aggresive EV target of 89%.
Lithium has lost its sheen for now and we are in a small cap spekkie stock where punters sometimes take a hit on small parcels of shares and go play elsewhere . Price drops here are on low volume and they bouce up when the sellers exit the bulding .
You need to be patient on these mate.
I sold Northern Star at $1 due to frustation, they hit $16 a couple of years later . I sold a parcel of Liontown at 40 cents , they hit $3 a couple of years later.
Management always said M16 are doing the drilling so save LSA a cash burn.
Even if theres a good strike somewhere you are in for a slow up and down ride because nothing amazing happens until mine life gets determined IMHO.
BTW before buying in to LSA I could have bought a new Toyota 4WD with the cash . I couldnt get a second had Hyundai under 5 years old now . My skins deep in this game .
Luckily Ive been through this before.
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Last
13.0¢ |
Change
0.025(23.8%) |
Mkt cap ! $26.98M |
Open | High | Low | Value | Volume |
10.5¢ | 13.0¢ | 10.0¢ | $25.99K | 230.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48292 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 24087 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48292 | 0.120 |
2 | 45620 | 0.100 |
2 | 15380 | 0.095 |
3 | 73333 | 0.090 |
1 | 100000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 24087 | 3 |
0.140 | 10000 | 1 |
0.150 | 1000000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.09pm 11/09/2024 (20 minute delay) ? |
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LSA (ASX) Chart |