With all due respect, from a chart perspective, until we break 0.019 resistance, any movement within the channel means absolutely nothing, whether there's a crossover or it's "ready to pop".
Reality is, it moved lower from a 6 month accumulation zone (blue) to another tight ranging zone (red), the only positives are the volume spikes which signal buying interests at these levels.
AEV has A$3.2m in the kitty as of last quarter. At current cash burn they simply don't have enough to pay Aleees U$2m (cash or shares) by end of December. CR for cash or stock either way a substantial dilution is on the way and we all know that.
The main catalysts remain the same:
- Positive DSO FS @ Wonarah for ST cashflow
- New JV partner with big pocket to fund LT LFP project
Without the above de-risking factors, I don't see SP appreciating regardless of who they hire / what they announce.
Ofc my opinion only, happy to be proven wrong.
Hez
- Forums
- ASX - By Stock
- AEV
- LFP battery/Phosphate news
LFP battery/Phosphate news, page-1298
-
- There are more pages in this discussion • 166 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AEV (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $4.126K | 412.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 4589025 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 142059 | 0.010 |
5 | 3756653 | 0.009 |
8 | 3605682 | 0.008 |
5 | 7990571 | 0.007 |
14 | 11456581 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 4589025 | 6 |
0.012 | 4092225 | 6 |
0.013 | 3500000 | 4 |
0.014 | 3656666 | 6 |
0.015 | 2600000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |