WC8 wildcat resources limited

Weekly data and thoughts..Please not that all my views are for...

  1. 5,940 Posts.
    lightbulb Created with Sketch. 4370
    Weekly data and thoughts.
    .
    Please not that all my views are for short-term only, and I could be wrong, so please dyor.
    .
    .
    .
    Lithium Sector Overview -
    .
    .

    From a weekly perspective, WC8 had a small drop from 21 to 20.5. Nothing much is happening. Playing the macro. With slight weakness.
    .
    Major price action indicators though are not bad -

    • ALB - Flat for the week, 81.2, last week 81.21
    • Ganfeng - Loss of around 0.3% from the week - moved from 36.01 to 35.81 this week
    • PLS/LTR - Loss of around 1/ to 2 % for the week
    • Spot Price - Down slightly for the week
    .
    So what do these numbers say? Stocks are stuck. Overall for the week, practically no change. Which may not be a bad thing. We need another push from ALB towards 92 (but first 85) and another push from Ganfeng around 37/38, which is not far away. Chinese stocks have held fairly well, so possible.
    .
    .
    .
    Personally, I have not been able to play much in EV (Lithium, REE, Cobalt, Graphite) and Uranium sector for quite some time from a sector play, I have been playing Gold to most extent with some Health stocks. Gold stocks are playing like Lithium and Uranium of 2021/2022. Even small stocks rising big on hype. Lets see how long it continues..
    .
    .
    So what may happen next week? US general markets had a big drop on Friday. US Li stocks didn't to very bad, relatively, so that was a good sign. Monday we may start tentatively, especially with general market jitters, but not expecting any big drops for Li, to start with. Then it will depend on how Chinese Li stocks open. Lets hope its a week of ascendancy. All the best.
    .
    .
    Here is the Figures for the Week:.
    .
    .
    https://hotcopper.com.au/data/attachments/6830/6830265-af2a32798547c2b9c01e5e48114dae97.jpg
 
Add to My Watchlist
What is My Watchlist?
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)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $168.0M
Open High Low Value Volume
13.0¢ 14.0¢ 12.5¢ $363.0K 2.793M

Buyers (Bids)

No. Vol. Price($)
32 2429058 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 94920 3
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
WC8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.