A critical week coming up? . I know I may have surprised a few by saying WR1 may go into suspension on Monday. I hope it does not. A fall from nearly 150 to 95 was big enough, a raise at 85 already a discount. But - as I wrote yesterday, if ALB was to drop below 106, it will not be good. If it falls below 100 - it will be very bad. Yesterday ALB finished at 103.
Lets hope WR1 have locked in the buyers. 85 may look good then, especially checking out how other Li stocks are doing. But its 50/50 for me, as no is not even thinking about it, so probability has to be very low, in 1 or 2 % - but lets see. . For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 91 ASX Li stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)