The parameter in dispute is sustainable earnings when you have a melting iceberg of FUM.
Maybe the present price of $1.2 is reasonable, what the market says to day is a certain thing - they're saying that earnings and FUM will decline.
If you want to trade it for a bounce to $1.7 and the next announcement is a $1bn divestment then you are a bit stuffed because it could go to 80c for all I know.
I'm not anyone's fiduciary, the volatility is so extreme with this stock and it's combined with serious business risk that most light-weight "investors" or "traders" should take Bell Potter's advice and sell - I don't care really if I am wrong and it goes to $0 then I take my licks and move on it's mostly pride to me a few hundred k isn't a big deal.
And it's good for me to take a few losses now and them so that I don't get too arrogant.
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The parameter in dispute is sustainable earnings when you have a...
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Last
$1.05 |
Change
0.020(1.94%) |
Mkt cap ! $611.2M |
Open | High | Low | Value | Volume |
$1.03 | $1.07 | $1.03 | $3.224M | 3.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15512 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 19337 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 140 | 1.050 |
1 | 6734 | 1.040 |
1 | 6734 | 1.035 |
1 | 6734 | 1.030 |
4 | 39197 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 682 | 1 |
1.025 | 300 | 1 |
1.045 | 6734 | 1 |
1.055 | 19148 | 3 |
1.060 | 69345 | 6 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.05 |
  |
Change
0.020 ( 1.78 %) |
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Open | High | Low | Volume | ||
$1.03 | $1.07 | $1.03 | 847967 | ||
Last updated 15.59pm 17/06/2024 ? |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
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