Pretty sure JRL would have a BIG target on their back following latest resource upgrade. Biggest issue I see is lack of liquidity due to limited shares available on market.... LD & major holders all loyal and sensibly holding tight. Small volume (maybe 25-30m shares) that is in play might be easily manipulated by a major player to suppress price until further detail regarding processing economics or DFS released, after which I wouldn't be surprised if we see multiple takeover offers. LD knows what he has and $10 p/share is way off the mark IMO.
DYOR
Rio Tinto looking for Li projects, page-7
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Last
26.5¢ |
Change
-0.020(7.02%) |
Mkt cap ! $16.65M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.5¢ | $28.75K | 104.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 1683 | 1 |
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| Last trade - 15.52pm 26/07/2024 (20 minute delay) ? |
| JLL (ASX) Chart |