someone took a nice chunk from the wets. Sometimes it is said that it can be difficult to acquire a large position without volatility. The ideal time, as demonstrated today is the sort of large soak when sentiment is weak, while our discount to peers is at its greatest. Perhaps a position taken from someone who bets that our assets and strategic bet will change the perception of who will be riding that lithium 3.0 wave with the highest of confidence with finance risk potentially mitigated.
How will the landscape be viewed, if strategic covers most of our capex ? Compare that to others.
Market makers would have an easy time of rationalizing a much higher price point. And yet the wets still manage to give theirs away in the interim.
WR1 Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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