"...how does this affect us and the rest of the market regarding lithium pricing and valuation of a company with a resource that the world is desperately in need of"
You are not serious are you!
You know the answer.
IMO the current fair price of LTR should have been over $3 per share or over $6b mcap if it was not under depression of those shorters and/or stake builders (whoever they are).
But it doesn't matter for me I can wait. I also have discovered a MAGICAL 4x PATTERN on LTR's long term chart .
LTR waits on a certain level for some time then MAGICALLY goes 4x of that level very quickly.
See the below chart.
LTR went up from 2.5c to 10c, then 10c to 40c, then 40c to $1.60.
Now it tells me that it will go above $6 in next couple of months.
If you look at the past chart which ends on May 2021 you can see the same chart pattern of today.
I think the reason for that someone is holding and depressing it, then it jumps up like a spring. You can see it on LTR's comparison chart below, starting from tis years beginning.
Everyone thinks PLS has made big gains in percentage ration but it's CXO actually.
LTR is like a time bomb now.
Ticking, ticking,...
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Last
65.0¢ |
Change
-0.020(2.99%) |
Mkt cap ! $1.576B |
Open | High | Low | Value | Volume |
67.0¢ | 67.5¢ | 64.5¢ | $6.377M | 9.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.5¢ | 36467 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 0.650 |
25 | 696182 | 0.645 |
14 | 910611 | 0.640 |
4 | 239949 | 0.635 |
15 | 336109 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.655 | 36467 | 1 |
0.660 | 465555 | 11 |
0.665 | 298119 | 7 |
0.670 | 411177 | 7 |
0.675 | 402353 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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