Tianqui/IGO have gone a T/O bid on ESS at 50c per share and the stock has moved closer to that mark being up nearly 40% today. Could be the first of many in the next 6 months imo as the opportune time while recession fears continue to linger and lithium stocks have copped a beating the last 3 months and most have bottomed I think. What all this manipulation has been partly about as it has been across the whole lithium sector. Watch out for lots of big name companies adding to their reserves as some of the small resources will struggle to finance their projects while the interest rates are high.
PMT Price at posting:
83.0¢ Sentiment: None Disclosure: Held
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.
(20min delay)