CXO

5.10%

9.3¢ core lithium ltd

They are doing everything they can to break holders spirits so...

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Drake87

614 Posts.

202

06/07/22

20:27

Post #: 62408748
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Originally posted by Darkside: ↑

Lithium is a critical mineral for the energy transition and net zero emissions will require higher reliance on both new and recycled sources of lithium for batteries.
Lithium companies with excellent fundamentals in Australia are all having their share price shorted and heavily manipulated. I mean no thinking person would argue against that.

So who are the short sellers particularly in the case of Core Lithium ?.....Well as best I can ascertain they allegedly are,

Arrow St International
The Bank of America
The Credit Suisse Group
Goldman Sachs
JP Morgan Chase Group
Macquarie Group
The Morgan Stanley Group
UBS Securities Australia Limited
The Bank Of Montreal Europe Public Limited Company
The Barclays Group
State Street Corporation

So why are they doing this ? Well as I have previously said these mobs hunt in packs and well the thing is, and particularly in the case of the Nth Americans, they regard Lithium at this stage as extremely critical to their future energy security . I believe the President has already said as much.
But more than this , the above companies are so large that they may have assumed already that Australia's Lithium, if they want it, should automatically be theirs and imho I believe they are placing the chess pieces , that is to say lining them up to make a T/O play.

Of course we all have seen this type of shenanigans before, but not on this grand scale, and not with so many players.
Our Company Core Lithium is a vital link in the chain of this this new energy transition and the SP is being forced down against excellent fundamentals and they are doing it because they can and because they want to own the Company .

If a takeover attempt occurs , who knows, you might just get a good price for your stock but no where near what you would have got when the SP was $1.67 and at that time was considered cheap.

As for me ,Well I'm not a seller.

So is the market rigged ? What a stupid question Darkside !

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They are doing everything they can to break holders spirits so we sell our shares

Well….bring it bitches!!

Don’t let them break your spirit

CXO Price at posting: 93.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.3¢		Change -0.005(5.10%)		Mkt cap ! $198.7M

Open	High	Low	Value	Volume
9.9¢	10.0¢	9.3¢	$3.295M	34.70M

Buyers (Bids)

No.	Vol.	Price($)
7	365887	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	883409	8

View Market Depth

No.	Vol.	Price($)
3	160000	0.093
8	228042	0.092
5	162000	0.091
15	566558	0.090
6	244301	0.089

Price($)	Vol.	No.
0.094	814846	6
0.096	114900	3
0.097	280988	2
0.099	510000	3
0.100	414411	8

Last trade - 16.10pm 28/06/2024 (20 minute delay)

CXO (ASX) Chart

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