If this one gets moderated it will be the last you hear of RED.
JaH
Your recent down ramping of POS is why I love this stock.
When POS makes a Li announcement nobody believes them and the share price does not hold at a 5 bagger like all the other Lithium “wana be” companies. The potential for POS to actually make money from Lithium is far and away greater than most of the current Lithium players, IMO. But the SP has factored in ZERO chance of POS ever making a cent as the SP just follows the potential of the NP. That’s great news as there are no false expectations. If LJ does becomes a processing hub for Lithium production while the NP is recovering then that all up-side not factored in to the SP.
Nickel is at unsustainable historical low prices and will eventually rise. Even WSA and IGO are selling their Ni just to keep the doors open. How POS survives in the mean time is not clear and that is reflected in the grossly undervalued and unloved SP. Do you believe that AF the major shareholder will leave POS to dry out on the hanger?
POS has a great Risk/Reward profile and that risk diminishes as the SP goes down. Sweep, Sweep, Sweep. Avoid the noise, buy low and sell high.
RED
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $12.99M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $5.445K | 1.547M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
83 | 51994598 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7847467 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
83 | 51994598 | 0.003 |
34 | 55836387 | 0.002 |
16 | 69512753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 7847467 | 24 |
0.005 | 9426813 | 19 |
0.006 | 9137028 | 16 |
0.007 | 27148936 | 13 |
0.008 | 5500000 | 2 |
Last trade - 11.08am 16/08/2024 (20 minute delay) ? |
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