It is now becoming more apparent that Li is in Bear market territory !!!
More international companies are resorting to cutbacks and lay offs around the world.
https://www.mining.com/piedmont-lithium-cuts-27-of-workforce-as-prices-plunge/
I think it's fair to say we are not immune to it.
Just be prepared for the heavy down slide once the escrowed shares come on market in a mid April.
I don't think the holders will care too much about us retail holders and they will off load some to cash in at whatever price.
It's going to be a long wait.....I'm for one have to do my risk/reward analysis to see if it's viable to hold or sell. Right now I'm leaning towards the latter.
But that's my opinion only....everybody is in a different boat.
I cannot believe this cruel turn around in 6 months.
GLTA
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-28
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $14.61M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $3.275K | 29.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51351 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 5274 | 1 |
View Market Depth
| Last trade - 14.26pm 04/10/2024 (20 minute delay) ? |
| LPM (ASX) Chart |