Is the bottom in?, page-769

First 769 Last

Share
Profile

Follow
fluffynymph

56,616 Posts.

267

24/01/24

15:27

Post #: 72045871
Share

Originally posted by gassed: ↑

Henderson said he hoped the “hedge funds are shaking in their boots” with prices around cyclical lows.It came as a rebound in Chinese futures prices overnight, responding to reports of new stimulus measures rumoured to revive the country’s ailing stock markets, stirred a massive rebound in lithium stocks.Pilbara shares charged 7.3% higher this morning, with other battery metals stocks in Australia and abroad following suit.Take that shorters … for now.
“Pilbara is one of the large liquid stocks in pure play lithium on the ASX. What we hear is that they’re betting on price movement downwards as it relates to lithium,” Henderson said.“We’re not alone in terms of being shorted and in the US market the other big lithium groups are shorted similar to us.“But of course we stand out a bit on the ASX. As to what the hedge funds are worried about, I hope they’re shaking in their boots. I hope they’re worried that there’ll be other government stimulus and other things which tends to pop up, because what we know from this industry is pricing can turn very quickly.”

Expand

Hasn't Bell Potter just slashed their target from 25 odd to 12.

I think so.

It'll go to the 8's now I think, but we'll see.

Corporate action over the resource is unlikely, but still possible.

It's difficult to provide a MT case.

A fair daytrader though.

LKE Price at posting: 9.6¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

Reply

Top Stories

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

CXU

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

There are more pages in this discussion • 1,019 more messages in this thread...

First 769 Last

Add LKE (ASX) to my watchlist

(20min delay)
Last 4.3¢		Change 0.002(4.88%)		Mkt cap ! $71.74M

Open	High	Low	Value	Volume
4.1¢	4.3¢	4.1¢	$31.09K	745.9K

Buyers (Bids)

No.	Vol.	Price($)
8	278382	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	433513	8

View Market Depth

No.	Vol.	Price($)
8	278382	0.042
5	649703	0.041
14	666267	0.040
13	398546	0.039
14	1141524	0.038

Price($)	Vol.	No.
0.043	344404	7
0.044	921293	9
0.045	840424	11
0.046	441684	6
0.047	902653	5

Last trade - 13.41pm 18/09/2024 (20 minute delay)

LKE (ASX) Chart

Is the bottom in?, page-769

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Is the bottom in?, page-769

Top Stories

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News