LPM is always talking of following big brother's footsteps, so its no surprise that the shareprice is following very similar. The question is, which of the two brothers is the better investment at that time? I guess both need some help from the outside (lith. price recovery or anything), but what is the better risk/reward? IMO big brother is high risk/reward with shareprice crashing heavily down to earth - but LPM is even much higher. The point is, if the recovery of lithium stocks is happening some time soon, why would you invest in LPM instead CXO? There is huge upside in CXO and when they don't make it in the near term, LPM never will.
I do hold this thing here, looking for the courage to sell.
IMO & DYOR.
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1 | 30000 | 0.089 |
6 | 80366 | 0.085 |
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2 | 15308 | 0.081 |
Price($) | Vol. | No. |
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