Mrnewbie--inclined to agree,the slide started when Peel stopped buying. In many ways this is good,at least we know the cause,if it is true. It also puts a time line on the drop.
Of course there could be another theory in that the MM's have CONSIDERABLE orders at 25/30 and are manipulating the price . A lithium player on the world stage would carry a lot of influence,why buy at 50 when with a little manipulation you can buy at almost half price.. We all know that the AIMS market is a nest of thieves and is unregulated. Manipulation is easy.
As one of the flag waving rampers I can only comment that IMO confidence and sentiment is leaving this share on a daily basis,work has to be done to stop this continuing.
iky786--well I must put my hands up as a member of the guilty party. I honestly didn't think that the sp would fall to these levels,i thought bargain hunters,traders and new investors would holt the slip and fuel a re-rate. Unfortunately there is a lot of work ahead of Prem to regain the confidence of the average investor and to get this monster climbing again. Wake up George.
Come on George surely there is some information that you can release to help stop the sliding SP. The shares need fuel,the tank is empty. This is like the old Prem
As some de risk others buy on a very weak SP. Who is right,who is wrong-- know one has the answer.
Demand for lithium remains very strong EV sales continue at record numbers The move away from gas and oil will only add to the demand for hydrogen and lithium battery units Sit and watch--it will all come good.