LU7 8.00% 2.7¢ lithium universe limited

the time to do a consolidation is when market cap is so low it...

  1. 362 Posts.
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    the time to do a consolidation is when market cap is so low it is unlikely to fall further or practically can’t, and there is pending improvement and potential upside. Market cap doesn’t change. But increments upwards to market cap become larger if share price improves. At $6m market cap with pending news on partners and mobile, I would see this as a perfect time. Forget the groans of pip traders. Current 2 x billion shares scares more serious investors away. And they won’t come in until sorted. Would be a missed opportunity not to do now - but my guess is management won’t in the short term


 
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Last
2.7¢
Change
0.002(8.00%)
Mkt cap ! $11.11M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $48.97K 1.860M

Buyers (Bids)

No. Vol. Price($)
1 236275 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 250000 1
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
2.6¢
  Change
0.002 ( 4.00 %)
Open High Low Volume
2.6¢ 2.6¢ 2.6¢ 123825
Last updated 13.47pm 07/05/2024 ?
LU7 (ASX) Chart
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