KDR 0.00% $1.90 kidman resources limited

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  1. 6,592 Posts.
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    “Demand for Australian Lithium is getting higher, Aussie lithium stocks are gradually becoming much more valuable. The buyers are shaking the tree as hard as possible to take as many shares as possible from nervous hands.

    More than 50 stocks have been tracking in the battery-metal sector for the last three months. The main 7 lithium stocks have fallen 17.2% in the same period. As of Friday, last week, the total market cap of these 7 lithium stocks was A$4.103 billion. In comparison, the non-lithium stocks have fallen by 27.6% in the same period, and their total market cap on Friday was $2.710 billion.


    A total of $1.5 billion has been wiped off the market cap of the 50 battery-metal stocks in 6 weeks.

    The attack is ruthless. There have been 6 major attacks since November 2017. They use all sorts of down-ramping, and we can see some of it on the AJM site, and your post points to other methods.
    If a tree-shake releases another bag of shares, they will keep on doing it. The end-game of this game of Monopoly is to have shareholders begging for a takeover at a barraging price.


    There is no oversupply of Li. The banks have embarrassed themselves with their analysis.
    My opinion is hang on tight. These shares we hold will be worth much more in 1 or 2 years”.
 
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