Any ST manipulation / pressure on the SP would only concern me if there was going to be some deal struck on the lowered SP (capital raising, JV, takeover). Fortunately the recent JV news puts that concern to firmly to rest (no need to raise funds, JV deal to be based on NPV from upcoming BFS). Therefore it's only anyone trying to get a quick trading profit (within a very short time frame) that might be caught up. As I'm in for the longer term it's not a huge issue. Price in low $2's with recent Patto's target of $3 suggests a good buying opportunity IMO. Over and above this, I'm still very bullish on lithium and I believe this company is going to be a key player and even more so now with this Toyota deal which ticks all the boxes.
- Forums
- ASX - By Stock
- woww.. surely they cannot do that, can they ?
Any ST manipulation / pressure on the SP would only concern me...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)