JLL 0.00% 31.0¢ jindalee lithium limited

Bought it 3.50, bought it at 2.50 and all the way down to 2 then...

  1. 42 Posts.
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    Bought it 3.50, bought it at 2.50 and all the way down to 2 then did some line wiping on the 30th at 1.72-1.74 which is a price I never thought id get.

    May be cum raise, with how LD operates a raise via placement will likely be alongside a rights so SH still get a chance to participate.

    Otherwise if its only a placement i'd be chasing an allocation. There's lithium explorers trading at half this Mcap with only Li rock chips...

    This reminds me of RNU in the early days. Bought a bunch at 3c then dropped to 0.7c and bought more and the conviction fortunately paid off after 4-5 years.

    I dont think this will take as long to get to a fair value.. hopefully year end with PFS results or next year when POSCO can buy 50% for $1bil..

    Same as Manhattan time to sit and wait (or if it drops further buy some more)
 
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Last trade - 15.58pm 28/06/2024 (20 minute delay) ?
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