Just took profits on 10% of my CTP stock and bought up Lithium stocks. Up almost 20% yesterday on LKE. Diversifying my risk away from purely Australian mining operations. Future of transport in a polluted world (battery powered cars and trucks), and huge demand hotting up in China, USA, and belatedly in Europe. Huge reserves about to be confirmed fully, and a new business friendly government in Argentina.
I may take more profits from Central if the share price continues to stall beyond NGP opening. May open an International Share Trading account instead. Most stocks on the ASX are penny dreadful mining stocks, or top 200 companies who's returns barely keep up with inflation. No depth, no innovation, unlike Silicon Valley, and the Chinese high tech market.
If the ridiculous infighting on energy policy can't deliver capital appreciation to as company that controls most of the gas borne acreage in the NT, that will have a pipe to the East Coast, then nothing will.
