means they'll be looking to raise capital irrespective of the claimed outlay this quarter.
When $10m companies trade below 0.005c it is very hard for them to move up as each tick is at least 25% and will always find sellers.
The stocks nearly always end up trading at 0.001c and 0.0002c
What is most likely to happen is that sophisticated investors will take a discounter CR while will move the price down as they sell for profits.
Lithium is no longer the flavour. All gains are being sold into in the bigger ones like PLS AJM GXY KDR
so the small ones don't have much of a chance with this terrible sector sentiment
I've learnt the hard way that the worst stocks to own are ones that don't have sector support and also are the laggers in that sector.
My only post here. And NOI don't want to buy in so you won't see me here again.
Good luck to all
MLS Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held
