I also don't comment on BHP, RIO, TLS WBC, WHC, ANZ, CBA etc etc etc either, not enough time in one day to discuss every stock I have exposure in.
Hang on, you said that 4 of my lithium stocks were duds and this is what the bet was supposed to be based on, not who can better construct a winning basket of lithium stocks. But I know that you like to duck and weave so I will let it slide.
Constructing a metric for this bet can be based on a weighted allocation of the market capitalization of each stock and at the end of the 3 months whoever has a higher percentage in movement wins. Yes, I know that it isn't orthodox to construct a metric this way for investments, but this is purely constructed for the purposes of this bet.
So you have 70% in WR1 and 30% in AGY which as at closing price on the 20th of Feb 2024 has a weighted market capitalization of:
(WR1:147.85m x .70) + (AGY:161.50m x .30) = 151.95m. This will be your figure as reference for a percentage rise or fall in 3 months.
I have an equal 16.67% in each AGY, CXO, LKE, LTR, SYA and VUL which as at the closing price on the 20th of Feb 2024 has a weighted market capitalization of:
(AGY: 161.50m x .1667) + (CXO: 520.17m x .1667) + (LKE: 192.24m x .1667) + (LTR: 3050m x .1667) + (SYA: 658.77m x .1667) + (VUL: 354.47m x .1667) = 823.02m. This will be my figure as reference for a percentage rise or fall in 3 months.
Take and save the screenshot.
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