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?
Well I can disclose I am sitting on a massive loss position...
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Last
$8.23 |
Change
-0.010(0.12%) |
Mkt cap ! $2.838B | |||
| Open | High | Low | Value | Volume |
| $8.23 | $8.24 | $8.09 | $118.8M | 14.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 171682 | $8.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.23 | 209008 | 5 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| LTM (ASX) Chart |