Well I can disclose I am sitting on a massive loss position since the share price has dropped from $15.50 to $4.90, its taken just under 12 months to see this fall from July 2023, how long will it take to see the SP recover to $15.50? 2 years ?? 3 years ?? 12 months?
There is so much conflicting information about supply surplus and supply deficit, and that the Chinese Futures market is not a true reflection of the correct price of Lithium.
All I can do is sit and wait it out, this has been a major lesson for me and should have set a stop loss above $10.
How are other long term holders feeling right now?
LTM Charts, page-40
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 (20min delay)
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Last
$5.41 |
Change
0.030(0.56%) |
Mkt cap ! $2.003B | |||
| Open | High | Low | Value | Volume |
| $5.34 | $5.49 | $5.34 | $11.81M | 2.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9373 | $5.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.42 | 5702 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LTM (ASX) Chart |