I want to share my thoughts about the trends that can be observed with the two premier listed Australian lithium companies LTR and PLS. My observations are based on clear compelling facts and I have great respect for PLS, but the following charts that compare the trading in both stocks showing relative movement and volumes over the last 6 month period tell a story in my opinion. And that is that LTR is becoming regarded in the market as the most likely to exit the current slump as the preferred industry exposure. I believe LTR is being accumulated and perhaps we will know more after the EOFY with some market disclosures. These images are as at today and are the same except for the volume part with the first chart showing PLS volumes and the second showing LTR. I'll let readers draw their own conclusions.
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)