You could be right, Kev, but let's hope not. While the lithium price is so low we're obviously very unlikely to reach a post MRE target price that many, including stockbroking houses, anticipated a few months ago. Even you were tipping $2 - $2.50 a few weeks ago. But that's reality; when a commodity price is low investors will shy away. At some point, though, logic suggests that the lithium chart will turn upwards, and also that a company with a healthy resource but ultra-low MC will draw the attention of both shrewd investors and potential suitors for a takeover. I'm down far more from the highs than most here but remain unconcerned. I have no urgency to sell so can wait for the rebound.
WR1 General Discussion, page-23112
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Last
$1.31 |
Change
0.060(4.80%) |
Mkt cap ! $249.9M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.34 | $1.25 | $834.0K | 641.7K |
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| No. | Vol. | Price($) |
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| 1 | 5743 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.32 | 40000 | 1 |
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$1.32 |
Change
0.060 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.32 | $1.27 | 31498 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
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