Also potential accumulators being forced to jockey for position would push the price up regardless of news from AJM .... something that is perhaps more likely to have a direct impact on the price than daily lithium prices ?
IE Everyone knows lithium will go up eventually but, if this is a genuine turnaround and the solid buying into the falling price at the end of August (more than 60 million shares or around 3% of the company ) was representative of someone with a deep pocketed conviction Altura is a secure bet, then there will be more interested parties sniffing around?
Despite large players playing yo yo games whilst they accumulate, if there are enough of them the interest would force the price up because those interested in selling will dry up ?
At least that’s what I think is a possibility after trying to learn a bit more.
