That last point is one I was thinking about earlier today, @vmp. I've noticed a complete evaporation of the buy side across many of my three lithium stocks in recent days, and all have made at least a bag in this financial year. KDR has taken an absolute beating in the last week, and the EOFY selling seems to make the most sense to me.
If I were a professional investor who has taken some profits to ensure this year's bonus looks good, I would be sitting and waiting until 1 July before I went back into my speculative stocks. Want to get a good entry price early in the new financial year, after all. No good taking the position now, it might just ruin this year's numbers.
Just a thought.
In other news, it's been 6 weeks since our last bit of news, which was S-Max. Surely the next announcement can't be too far away.....
LPD Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
(20min delay)
