Chinese are doing exactly what they're doing with lithium and other related EV minerals, deflating the price, buying and securing positions on the dip. Once they have their fill prices will explode again...now is the time to hold and even better accumulate if you can.
State owned Chinese companies (shenghe in our case) are simply in the process of getting their fill at cheap rates. Shenghe's fill will be completed around March/April when they increase their stake to 49% via the UK subsidiary. Just when you think you have made a poor investment, think Shenghe a multi billion dollar, highly efficient ndpr trader (best in industry) have invested to date $45,000,000 half of which was at $1.
Watch it all play out....they dont lose in the long run. follow the smart money
Management reading this, don't think I am giving you a free kick with the above. you do sincerely suck!
dud, page-3
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Last
26.0¢ |
Change
0.020(8.33%) |
Mkt cap ! $69.14M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 26.0¢ | 24.0¢ | $50.3K | 201.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 166403 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 567419 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
25.5¢ |
Change
0.020 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 25.5¢ | 24.5¢ | 62301 | ||
| Last updated 15.46pm 28/05/2024 ? | |||||
| PEK (ASX) Chart |