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
My thoughts are that it is a combination of - Shorts covering-...
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15056 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 89928 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |