Absolutely. When you get into this territory cash is king. Nobody here knows exactly when Li will bottom out.
Explorers need cash to keep exploring. If that runs out, you're either bust or try to raise at absolute garbage prices and ruin shareholder value.
On the otherside of this (if there is one) many won't surive. Which, is a great thing for the ones that do.
Absolutely. When you get into this territory cash is king....
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Last
47.5¢ |
Change
-0.010(2.06%) |
Mkt cap ! $102.7M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 46.5¢ | $90.57K | 189.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 52202 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 15078 | 6 |
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| Last trade - 13.21pm 06/09/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |