So SQM is going to supply the world's LI demand at low prices so the need for more LI producers has vanished sending the whole LI sector in complete panic mode. Got it! Yes, the LI narrative has dampened but not changed. Here in the States LI not paraded as much as last year so interest is waning at the moment. Chile is getting a pound of flesh from SQM, by the way, so prices will remain strong. A lot of positives holding AJM here with a strong management team and near production. Story is far from over but apparently some big $ wants out taking the little guys with them. Not going to sit and watch every tick as we are in a short term correction. Could last a week or 3 months, I have no idea as I'm just a tiny boat in the LI ocean fighting the waves. Won't be selling anytime soon until 1 billion MC is breached as that has always been my plan. I did add a bunch of LT call options on SQM today. If you can't beat 'em might as well join 'em, lol.
I believe the market has it wrong again near term, just like they did last year when I was accumulating. GLTAH as always, back at you in a few weeks.
AJM Chart, page-2595
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Last
4.1¢ |
Change
-0.003(6.82%) |
Mkt cap ! $10.13M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.1¢ | $6.658K | 156.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 115822 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 52944 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 115822 | 0.041 |
8 | 308583 | 0.040 |
1 | 18000 | 0.039 |
1 | 50000 | 0.037 |
1 | 16500 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 52944 | 2 |
0.045 | 105556 | 4 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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