LTM 0.83% $4.86 arcadium lithium plc

Well PTW I wish I could hold out but unfortnately I need to sell...

  1. 382 Posts.
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    Well PTW I wish I could hold out but unfortnately I need to sell some every week or two. I made the unforgivable error in not placing a Stop Loss on my holdings! I had a tad over 300K in shares and could/should have stopped out at a minimum of $14. I thought my research was showing me a continued growth in Lithium. Benchmark Mineral Intelligence were my go to for independent market research. They continually forecast the lithium deficit to increase substantially until around 2030, and by then there would be far more mines in operation. But not just BMI there are many other so called expert analysists that have got it so horribly wrong. There was a time when we were told that we required 'x' number of new mines to be opened every year in order to try and meet the massive increase in demand. It just goes to show there are very few if any reliable resources out there that have any real understanding of the market. Just hoping for a turnaround in the not too distant future!

    cheers
 
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Last trade - 11.30am 01/08/2024 (20 minute delay) ?
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