LOL...Thats a question that can never be answered , only speculated on and depends on ones level of paranoia....it's just another conpiracy theory really.
It could be as simple as the shareprice reflecting earnings expectations over the next 12 months based on the current concentrate price and recent turbulance in the sector in general....we are still a billion dollar company yet only just starting our first year of revenue, hence no track record of profitability to compare against...
One thing for certain is if some holders can't handle the volatility and sell there will be others who can and will buy them , that can range from new retail / traders entering or bigger players who could have any number of intentions....the retail component of our register will only change if larger players hold longterm...
I think many forget that less than three years ago we were 1c its now 11c so from a Company perspective it has performed spectacularly, the fact that it has been to 39c just reflected a parabolic move in the price of Lithium and largely retail induced FOMO we are now witnessing FOSO it seems, or fear of staying on board...such is life in the market...
Cheers Whisky
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $329.3M |
Open | High | Low | Value | Volume |
3.2¢ | 3.3¢ | 3.2¢ | $1.098M | 34.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
114 | 18766849 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 5621461 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
114 | 18766849 | 0.032 |
56 | 22666106 | 0.031 |
99 | 16699843 | 0.030 |
27 | 2917938 | 0.029 |
20 | 3612903 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 5621461 | 19 |
0.034 | 6247983 | 21 |
0.035 | 14196810 | 42 |
0.036 | 4460379 | 31 |
0.037 | 2668013 | 15 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
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