Huge list of things imo.
-You have to remember at the time the company was about 20M MC, They raised $7Million which is almost 50% of the company in a time where Lithium is at its lows which is impressive imo.
-At 2c range KV was only 20mt and hadnt hit the pegmatite theyre currently at... which is the companys best ever intercept to date...
-Since then resource is expected to double and thats at KV alone.
-More light has been shown to the sector as KDR's offer at a premium shows how undervalued some of companies are within close proximity
-KDR deal also highlights the want from big parties wanting to get into Lithium
Whats important in my opinion is who has been doing the buying.... and why its gone up...
My opinion only. Not financial advice.
FA & General Banter, page-12
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Last
88.0¢ |
Change
0.005(0.57%) |
Mkt cap ! $2.134B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 88.0¢ | 83.5¢ | $10.59M | 12.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 137580 | 10 |
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| LTR (ASX) Chart |