The main reason CHR have gone up in recent times is simply because it only listed back in July last year. It's market cap is still very low compared to other lithium hopefuls. The market has been going after cheap Lithium stocks lately and I am sure this is one of the main reasons CHR has jumped higher over the past few weeks. Only having 32 million tradable shares at the moment means if you want them you have to pay up for them. One of the advantages of not having many shares on issue.
Cheers.
VRC Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
