These Li juniors (e.g. Ajm ~15cent, Gxy ~mid 30 to 40' , Pls mid 45 to low 50) are holding up and not crashing to prices of 12 months ago ... And downstream processors are willing to pay money for their future products. .... Means to me that the Li story is very alive.
I would argue there's not much point to anticipate far into the future about their share prices because they are quite irrelevant to profiting for today. Why not DYOR and trade these stocks' volatilities and profit for what is now rather than what may / may not be in a time far away from now ?
Frankly, I don't see any value of these news articles for the objective of profit. I think they are written to confuse the shareholders and help sell newspaper. If the writer is so certain about what's said, I guess (s)he will gamble hugh $$ on long dated put options with a strike price of single-digit cent ! May be they're doing that already, who knows ?
What do you think ?
These Li juniors (e.g. Ajm ~15cent, Gxy ~mid 30 to 40' , Pls mid...
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |