Sure there is no risk attached to LLL as much as there is risk attached to any share.
But the market is crazy, the market fail to change in a dynamic way and is good to take advantage of it....
If one believe that the market is efficient, in discounting any risk out there, therefore pricing exactly right a share at any given time, one would assume that all geographical/political risks attached to LLL share, by now has been factored in.
Hence unless something changes for the better or the worst on this front, all shares should be moving up or down at the same rate.......or accordingly to their fundamental ever changing valuation.....
But enters fear/greed and opportunities, the high volatility of shares like LLL are opportunity not to be missed, with sentiments playing along, LLL sp is bond to drop further and conversely rise higher.
So we have situations whereas noting has changed on the political front, but the sp drops much more than other shares, conversely it will rise much faster when the time comes.
Incidentally I was making a very rough and amateurish assumption from the graph below, of where will be China LCE price by H1/2024 when LLL will be ramping up production.....any comment is welcomed.
https://tvc-invdn-com.investing.com/data/tvc_72ecc03de33c769a4a270f5bd20f7693.png
- Forums
- ASX - By Stock
- LLL
- General Discussion
General Discussion, page-3775
-
- There are more pages in this discussion • 6,870 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LLL (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online