Tally if your picking a company that doubled in value in 2 days then I'd say your trading strategy is probably working out pretty damn well and I congratulate you on that!
I've noticed a lot of the longer term holders have sold of a fraction to ensure they are freehold. Personally, I don't blame them as once they have broken even and have their money back, the pressure is off them and their resilience to days like today is much higher as they are not leveraged or praying on the share price to go up because their investment is underwater. But anything more I feel at this stage is just leaving massive amounts of cash on the table at your own loss....
My own strategy is long term (as I've probably overstated time and again) but I think where the company could be in a few years time could make the current SP look very modest. Especially if global lithium supply struggles to keep up with demand as predicted by many experts in the sector and if Core not only further develops Finniss, but also develops Barrow Creek and the Gold (and possibly other projects) to get off the ground.
Worth parking on for a few more years anyway in my book as once we have a yearly free cash flow in the tens or even hundreds of millions of dollars after the first year is spent paying off the mine, the opportunities the company will have are extremely exciting.
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $177.3M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.3¢ | $766.9K | 9.097M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1422995 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 273485 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1412995 | 0.083 |
18 | 696542 | 0.082 |
21 | 1061631 | 0.081 |
55 | 3669749 | 0.080 |
5 | 136961 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 273485 | 3 |
0.086 | 101499 | 3 |
0.087 | 15000 | 1 |
0.088 | 217382 | 3 |
0.089 | 101416 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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