My thoughts are that it is a combination of
- Shorts covering
- Long term holders Profit taking
- CFD Trading
- Recent new retail holders panicking
- Some of the big boys reducing their positions (36 cent stock)
- An overall market that has had a very good run of late especially the Lithium sector
If you add all that together you get a rush for the exit. If the overall industry of Global lithium supply was not becoming tight I might be worried, but it's not so best not to panic -
Mike
Good News & Bad News, page-9854
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Last
$3.31 |
Change
0.020(0.61%) |
Mkt cap ! $9.968B | |||
| Open | High | Low | Value | Volume |
| $3.23 | $3.41 | $3.23 | $60.35M | 18.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 152099 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.31 | 31295 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |