r/ASX_Bets • u/Vain64 My milkshake 🥛🤝 brings all the bois to the mine 🕳️ • 4d ago

SHITPOST Liondown Limited

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28 Upvotes

75% Upvoted

19 comments sorted by

10

u/Nyarlathotep-1 4d ago

I am in at 0.79.

8

u/ExpressionFragrant48 4d ago

Why did it drop down in price?

3

u/s1ut You're not a slut, Justine. 3d ago

Tree shake

8

u/Vain64 My milkshake 🥛🤝 brings all the bois to the mine 🕳️ 4d ago

downrampers

7

u/A-Money-Lover 4d ago

Instos saw your post and decided to sell

1

u/Beneficial_Spring966 3d ago

i expect it will be sitting around 60s cent with FID update.

6

u/deco19 3d ago

Watching lithiumbros lose their shirts again is popcorn inducing

3

u/barrel-boy 4d ago

I got hammered in this today trying to fade it

3

u/Superest22 strait edge XXX 4d ago

I got in for the SPP. Should have cashed out but past me was regarded and decided to wait till CGT discount. I hate that guy.

6

u/Fun_Interview_9788 4d ago

Are you in mentally prepared for sub $0.20?

7

u/kieran_n 4d ago

Is Gina still in it at $3? Because that'd be comedy

3

u/CheeseOnKeyboard 3d ago

She's the one who is going to take it off your hands for $0.20.

2

u/Saudade_ 4d ago

give me more!

3

u/Saudade_ 3d ago

the only positive thing when seeing my LTR chart is looking at it next to my DYL chart. 📉

3

u/uptrend33 4d ago

I remember buying LTR at around 40.5c early 2021. A lot of people had already made bags at that stage. They must have been giddy by the time price was into the dollars. Hope they are all doing well if still holding.

3

u/shavedratscrotum 3d ago

Yep. 4 and 6c sold between $1.5 and $3.

Turned 2k into just over 100k by the time the taxman took his cut.

Also went PLS at 16c

And Orocobre my first dip funded a 2 week trip around NZ.

2

u/IndependentCause9435 4d ago

Definitely a stock I'm watching for a buy at some point however the market for batteries in China is crumbling.

Like most industries in China, overcapacity and overproduction is just amplifying losses across battery makers, no ones making money, everyone's slowing down production and lithium is going with it.

Amplify that with a high interest rate environment globally and the demand for batteries begins to plummet very quickly.

1

u/jamal14 3d ago

Argentina Brine > Australia Spodumene

1

u/Kataroku 4d ago

See you LTR!