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50.5¢ leo lithium limited

The problem with that logic is that you can cash in the...

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Kikker1959

10,615 Posts.

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22/06/24

15:22

Post #: 74439255
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Originally posted by contraindicator ↑

I think you look for positives in a negative situation.
Same in Real estate. I built a project and we were hoping to make $100-$200K but the market dictated a nominal profit and we can call that a break even or a loss whatever makes the analogy work for you. we sold for $1.25 mill and we were hoping for $1.45mil but now i can look at $1 mill for a project that prior was worth $1.2mill and aim to make $200k. If the market has dropped again the same process will happen until there is a turn around in the market.

So LLL is at 50% of its former price.
but wc8 is down from 80c to 33c
and WR1 is down from $2 to 80c

hope this makes sense

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The problem with that logic is that you can cash in the investment in wz8 and Wr1, but not in LLL and the 50.5 cents value can not be achieved.

LLL Price at posting: 50.5¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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