I agree generally but AZY is a speculative explorer and does not yet have concentrated resources that let them move to developing mines.
The market is fickle and could multiply the SP on good news but equally let it subside in the absence of anything substantial.
Today's fallback with a decline in the AU POG demonstrates its speculative nature. The POG drop was simply the result of an increasing A$. In a fortnight it could be the oppposite (who knows). Hence, this stock is best traded until there is a more substantial definition of resources.
RIO's interest at Calibre plus Newcrest's around Havieron and Telfer will hold it up but those interests are still speculative.
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $51.81M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $50.46K | 4.956M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 13457888 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 8150578 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 13407888 | 0.010 |
26 | 10278170 | 0.009 |
15 | 6515590 | 0.008 |
5 | 2322000 | 0.007 |
3 | 2525000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 8150578 | 7 |
0.012 | 7628322 | 13 |
0.013 | 8601164 | 9 |
0.014 | 4285505 | 8 |
0.015 | 3435848 | 6 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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AZY (ASX) Chart |