From a weekly perspective, it was flat, so finished at 48.5, same as last week, and week before. So 3 weeks now a finish of 48.5. It might also be a reflection of Li macro which hasn't gone anywhere. There was an attempt, it reached 54.5 but soon came back. So at this stage I feel, unless there is a strong news of its own, it may play the macro. It was over 6 months back when I exited at 90, I had written a lot of strong drilling results have already been factored in the price. Somehow it has played that way. So now we need a strong Li macro or a strong announcement, MRE etc, or some big buyer/finance/offtake etc. So lets see. watching closely every day for a sign. WC8 has been good to me and I like the stock. But I know I can't change things, so just following the price action, for now. .
For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 96 ASX Li stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore. Sorry the formatting kin the report got a bit skewed, realised later.
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.
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