Oh I think you should let them have it @Jasox
R08 was kind enough to point out to me that "potential" offtake partners have visited the site where the pilot plant is. Apparently from what I read on these threads daily everything is just about in place & we are waiting on a "potential" offtake partner for the SP to take off.
So if the broader market knows that "potential" customers might be interested in purchasing LPD battery grade chemicals & we all know markets are forward looking. Why hasn't the SP moved in anticipation of a "potential" deal? Surely the market isn't waiting for the ann to tell them a deal has been struck? The LPD market cap should be slowly rising in line with anticipation from the market but instead the opposite is happening. There's a lot of downward pressure on the SP at the moment, which both you & I have pointed out on the LPD Chart thread.
To me that says investors don't seem very confident & have taken a back seat to wait for a green light to invest/trade. It's very unusual as market sentiment mostly follows a "buy the rumour, sell the fact" rationale to trading/investing but instead investor sentiment in LPD IMO is more like "buy the fact & sell on nothing" & then a whole lot of sitting around until the next ann comes out.
IMO this could be viewed as a red flag.
Have the day traders over committed & bitten off more than they can chew? Are holders in LPD unsure of their own investment & unwilling to top up at these ridicules low levels? Are "potential" investors waiting for something else to happen & that's why they aren't buying?
Of course once a deal is in place & it pushes the SP higher which in turn starts LPD on a path to success, the next hurdle could be shorters. Short sellers have been basically attacking any company dealing in the Lithium sector that has a lot of "potential"
- Forums
- ASX - By Stock
- LPD
- Postings are getting toxic time change
Postings are getting toxic time change, page-14
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1.388K | 694.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
77 | 77284360 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 66924077 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
77 | 77284360 | 0.002 |
76 | 184090865 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 48174077 | 49 |
0.004 | 27778176 | 32 |
0.005 | 12046941 | 12 |
0.006 | 2391995 | 7 |
0.007 | 1047189 | 5 |
Last trade - 11.10am 12/11/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online