Why is that?
If you believe Lithium will become a hot commodity again now is exactly the time to buy. Only fools buy when there is euphoria in the market and the party is in full swing unless they are swing traders. I sense plenty on this forum have been badly burnt because they didn't get their timing right.
LKE should have no problems raising money when the lithium cycle turns and can reduce costs substantially in the interim.
I'm a buyer all the way down from here as the risk reward benefit appears very much worth it to me. If I get it wrong and lose my money its not a total write off as it helps reduce my future capital gains.
Why is that? If you believe Lithium will become a hot commodity...
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |