hmmmmmm......
Circa early 2025. (and a bit) TG and TO have done it and LTR holders have smiles across their faces.....
SP languishes at $2.50 whilst the lion continues digging white gold out of the ground and rewarding loyal shareholders with divvies. The problem with your logic is that "The SP is only relevant to people who want to sell"
If I get $25000 in divvies in the future (or raid my children's private school fees for next year Now!!) and the SP is $2.50 I buy 10000 shares. If it is $5.00 I buy 5000 shares. I get a divvy for every share I hold. I'm laughing until the last bit of Lithium comes out of the ground. Not Selling
Companies which have cashflow DON'T need to get funding to stay afloat.....do they? And we are not negotiating with the Juntas and Warlords in far away lands. Oh...the SP is now $1.50.....shorters have done their "gremlin act" (bless their little hearts...eating Top Ramen as they can't close in time as the finish line approaches) I guess that I will buy 16666 shares.
Side note... you may be able to buy Top Ramen for 25 cents a pop in the USA but M*ggi 2-minute noodles or Su*min is not cheap in Australia. good luck with that boys.
ALL IMO
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Last
65.0¢ |
Change
-0.020(2.99%) |
Mkt cap ! $1.576B |
Open | High | Low | Value | Volume |
67.0¢ | 67.5¢ | 64.5¢ | $6.377M | 9.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.5¢ | 36467 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 0.650 |
25 | 696182 | 0.645 |
14 | 910611 | 0.640 |
4 | 239949 | 0.635 |
15 | 336109 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.655 | 36467 | 1 |
0.660 | 465555 | 11 |
0.665 | 298119 | 7 |
0.670 | 411177 | 7 |
0.675 | 402353 | 6 |
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