A fair few retailers became millionaires yesterday, Congrats.
THE FIRST BID IS NEVER THE LAST. rule.
ALB bid for LTR, a non producer at $5.5b, what does that mean for producers? The real SP value are at least double. There's no fall in demand, SP are being pulled distorted by shortsellers, uninformed retailers are selling, there's a rush for control of deposits, the future looks bright for buy and hold. Shortsellers we're caught out on LTR, they will have to buy back other lith shares they have also shorted to cover their loss, creating bigger losses. The hedge funds will now be working overtime with headlines to hold down prices. BUY QUALITY WITHOUT FEAR- it's a no brainer.
CXO is a drive to work, city living, not stuck in an outback camp. No CR, $1b per year profit. The Gold will add even more. Increase production means your shares will be paid off in one year, 10 years is 90c×10=$9. Over this you don't need to worry, you'll be living the great life or dead. There are more battery factories than mines or raw materials to supply them, there's no way out. The profit on a Tesla is 40%, the lithium cost is 2.5%, non EV producers will go extinct, we are at the beginning of the supply chain, it's that simple.
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $181.6M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.3¢ | $528.9K | 6.260M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 653403 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 256082 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 677351 | 0.083 |
19 | 923936 | 0.082 |
19 | 894723 | 0.081 |
56 | 2463181 | 0.080 |
7 | 189131 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 262143 | 10 |
0.085 | 655303 | 11 |
0.086 | 277967 | 4 |
0.087 | 316865 | 4 |
0.088 | 832425 | 6 |
Last trade - 13.22pm 06/09/2024 (20 minute delay) ? |
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