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GortonGums

5,065 Posts.

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30/11/23

11:22

Post #: 71190013
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Originally posted by Mickafisher ↑

Cxo hasnt collapsed due to lithium spot price.

but at one stage I held it at avout 70c and sold at about 120ish. They were another group my gut told me to get out- glad I did there

I dunno seamay my gut tells me this is going further down. It may be better to wait it out on the sidelines and wait for the uptick.

yes I complain but honestly I haven't been impressed at all by anything evans has done this year- particularly around media and releases.

I do not believe our current ev is where its based solely on li sentiment. And even if it was were talking a 2 year cycle to see a return to a positive li environment

again like I've said since I started whinging.

fine if you can hold for 3 years but if u cant there's other opportunites. I dont believe the mre will see it rerate. I believe there will be a 90% move before a collapse back to 1.50 again.

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You're probably right, there's not a lot of relationship between a company selling a product and the price of that product declining 80% in a year.

WR1 Price at posting: $1.04 Sentiment: None Disclosure: Held
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Last 61.0¢		Change 0.040(7.02%)		Mkt cap ! $131.9M

Open	High	Low	Value	Volume
57.0¢	61.5¢	57.0¢	$322.8K	540.1K

Buyers (Bids)

No.	Vol.	Price($)
2	7322	60.5¢

Sellers (Offers)

Price($)	Vol.	No.
61.0¢	24244	2

View Market Depth

No.	Vol.	Price($)
1	5000	0.605
1	20000	0.600
1	10000	0.595
3	62000	0.565
4	75571	0.560

Price($)	Vol.	No.
0.610	24244	2
0.620	14000	2
0.625	15000	1
0.645	14870	1
0.650	17080	2

Last trade - 16.10pm 26/07/2024 (20 minute delay)

WR1 (ASX) Chart