DLI 0.00% 33.5¢ delta lithium limited

Very happy with how today played out. In what was a bloodbath...

  1. 221 Posts.
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    Very happy with how today played out. In what was a bloodbath for the ASX, to spend a lot of the day up and finish even was a great result. Again, we saw a big retreat in volume when it could've been easy to abandon ship and sell down like so many other stocks. This shows great support at this price, with few people wanting to exit their positions. The last time volume was this low was back in the 60s just prior to our run up to our 52 week high of $1.005. We may be about to start our next leg up next week and I think we can break through $1 and into new highs if this is the case.

    This move could also be well supported with imminent news flow. In the last announcement, DF stated that we have 95 holes awaiting results and another 100 to be drilled by the end of Spetember. If we go with the 18 hole run rate from the last announcement, that means we could have a further 11 updates from drilling alone. Not to mention the Mt Ida mining approval, which I think could be a company making catalyst.

    This is not financial advice and you should always do your own research before investing in any company. My opinion only.
 
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Last
33.5¢
Change
0.000(0.00%)
Mkt cap ! $238.9M
Open High Low Value Volume
33.0¢ 34.5¢ 33.0¢ $339.8K 1.012M

Buyers (Bids)

No. Vol. Price($)
2 69696 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 41000 1
View Market Depth
Last trade - 16.10pm 17/05/2024 (20 minute delay) ?
Last
34.0¢
  Change
0.000 ( 1.49 %)
Open High Low Volume
33.0¢ 34.0¢ 33.0¢ 218441
Last updated 15.59pm 17/05/2024 ?
DLI (ASX) Chart
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