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10.7%

12.5¢ loyal lithium limited

yes also remembering it moved sharply upwards prior to...

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Year15

1,804 Posts.

169

02/08/23

20:43

Post #: 69124027
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Originally posted by Giovanni33: ↑

LLI raised $1,500,000 pursuant to the offer under its Prospectus dated 2 June 2023 and SupplementaryProspectus dated 27 July 2023 by the issue of 5,000,000 shares at an issue price of $0.30 per share.

Volume for sure, this has to be overcome first in my opinion + the people who were waiting. Offset this by cash in the bank and a few people wanting to get in. Could go either way but I see lots of volume before this actually moves up. Plus a lot of those buyers (myself included) are optimistic about the company but wary of paying too much at this early stage just because of FOMO. Seen it happen over and over with positive looking companies running before any tangible news to justify a rise comes out (SLM anyone?). Nothing horrible with the company, but people's expectations can make entering too dangerous sometimes.

Either way for sure an interesting one to watch

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yes also remembering it moved sharply upwards prior to suspension

LLI Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 12.5¢		Change -0.015(10.7%)		Mkt cap ! $11.59M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$11.46K	91.20K

Buyers (Bids)

No.	Vol.	Price($)
3	81335	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	44945	1

View Market Depth

No.	Vol.	Price($)
3	81335	0.125
1	50000	0.120
1	50000	0.115
3	95000	0.110
3	65968	0.105

Price($)	Vol.	No.
0.135	44945	1
0.140	60666	2
0.150	86972	2
0.155	13000	1
0.160	12520	1

Last trade - 13.47pm 16/10/2024 (20 minute delay)

LLI (ASX) Chart