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12:13
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Originally posted by Drk1997:
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The target is explained in my post. It's the previous wave high. The title actually does make sense if you like the fundamentals but want to reposition yourself better using this overextended pump. It's not a conventional party, but it does the job. Your 6c comparison isn't ideal; the market cap is over 2 billion and adding let's say 1 billion to the market cap (50% share price gain) requires much more justification than adding $30 or $50 million. The CGT comment is absolutely ridiculous; CGT does not compete with a 50% share price decline re entry. You'd still be up a lot more than sitting tight. As for the other people bringing up top 5, head in the clouds; this company is years away from production which a lot of holders don't even recognise the associated challenges of.
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"... this company is years away from production..." Are you meaning this as a negative? You could reword this and say, this company plans to commence production at the height of the Lithium shortage.
