One thing I have learnt from Lithium stocks is that market sentiment, market cap, share price and JORC numbers for each stock don't line up to make any sense.
500,000t JORC for a market cap company of $26m??...... how is it possible the market has already weighted in the JORC?? To me there are too many other variables with lithium still, while sentiment is not bullish. And some strong forces are taking their opportunity to supress the market while they can.
I've thrown out my envelope on trying to work out what GLN is worth, but am happy to hold and wait for the JORC because IMO will be close to when sentiment officially changes. Good luck.
One thing I have learnt from Lithium stocks is that market...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $68.54M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.0¢ | $245.5K | 2.126M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 349 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 8549 | 2 |
View Market Depth
| Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |