CXO 6.59% 9.7¢ core lithium ltd

Banter and general comments, page-11970

  1. 2,113 Posts.
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    You have to estimate where cxo sp will drop to

    If you can hold at 55c then hold

    The problem is if you sell out - you may miss the days that the price goes up

    but right now there is just alot of fake sell - which then scare others to sell.

    so at 0.865c there 561k units for sale - so if you want to sell your units - you have to put it at 0.86c. This then force the sp down further.

    I think it can drop to 65c - 75c - i will buy back in.

    demand for lithium will not completely drop off a cliff.
    it may decline due to recession effects - but the giga factories will still be producing EVs.
    And the batteries plants will still be producing batteries for the millions of applications (as a energy storage device)

    https://hotcopper.com.au/data/attachments/4449/4449595-767c08910ffcf1172aa97a355150b03c.jpg






 
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