Agree, Going down in a bear market is the easy bit. Getting that SP back up without substantial news will be hard. AZL is not near production so unless they sign a vehicle OEM offtake, its 5c all day. If an active shorter comes in, like JCapital did on Lakes DLE claims (google if needed), AZL may easily touch 3c. AZL claims will not hold up to a hedge fund research article like J Capital could do. Pressure is on management in next 6 months. AZL has only ever existed in a bull market, next few quarters should test management in downward bearish market.
AZL General Discussion, page-15120
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.63M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $8.919K | 637.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 4969544 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2397678 | 15 |
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| Last trade - 10.31am 06/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |