I suspect this may very well be the reason why AVZ was down so much; traders selling off AVZ to pump the other lithium stocks, selling off on the likes of GXY and PLS on a high to bag profits and then reversing to buy back in on AVZ on the cheap. Big macro events causing broad market to swing plus 1% almost every other day gives plenty of opportunities for traders to capitalise on major price swings, smart money’s certainly in on the cheap today given the volume and liquidity in the arvo.
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