It is regrettable on many fronts. It is ironic that a report which was intended to add value to a stock or at least justify the stock value has actually galvanised the market against it, while presumably causing a wave of collateral damage of lithium stocks.
lithium stocks hit
DB reputation hit
now even MIN hit
Traders who caught the low yesterday and high today can go get themselves a drink and have a relax over the weekend. IMO a market cap of AU$630,000 is good value buying at this stage but am mindful that the market is not very settled at the moment. I'm happy to average down and see what happens but that's just my opinion.
GLTA
GXY Price at posting:
$1.64 Sentiment: Buy Disclosure: Held