LLI 3.13% 16.5¢ loyal lithium limited

Recently taken an entree position here in the low 30s with a...

  1. 417 Posts.
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    Recently taken an entree position here in the low 30s with a view to add more if the stock price continues to fall. Management did a stellar job by capitalising on the hype and conducting a capital raise at 75 cents. Cyclical low for lithium prices and sentiment turning negative is always a positive for long term investors. This is usually the best time to buy in my opinion.

    I was an early stage investor in Winsome (22 cents average) so was keen to build a position here post being alerted to the memorandum of understanding signed by both companies to develop the area and the confirmation of mineralised pegmatite. Winsome are soon to release their maiden resource estimate (next week) which will ensure more eyes focus on this area and the surrounding companies such as Loyal. Will be interesting to see both companies share prices next week. Cheers, CP.
 
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Last
16.5¢
Change
0.005(3.13%)
Mkt cap ! $14.97M
Open High Low Value Volume
16.0¢ 17.3¢ 16.0¢ $7.584K 45.81K

Buyers (Bids)

No. Vol. Price($)
2 299050 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 7052 1
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
LLI (ASX) Chart
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