Guys... I'm trying to tell you I agree there are significant cases of China using their dominance and near monopolistic bargaining power (doesn't negate my view).
I am just saying in addition to that there's genuine oversupply.
As I've said before I'm passionate about getting the narrative right because last time we were in a bear market and watching our paper value dissipate everyone became the thing they hate the most and that's pulling a "Jerko" (i.e. all sunshine and rainbows here, everything perfect, good times are just around the corner). E.g. "it's just manipulation, couldn't be oversupply that's impossible", "contract prices aren't spot prices", "wheeeres all that supply gonna come from " "there's no way 100k US per tonne incentivised too much supply.".
Joe Lowry is just as bad and does the same. I agree with you on China's power and ability to alter policy which can change market dynamic in a heartbeat, but for goodness sake if anyone is going to rebut me just admit there's an oversupply :')
I have no ulterior motive in this by the way. I'd take a bullet for this company stupidly enough. my objective is making sure we're not misleading people with excuse filled narratives. Cold hard truth is lithium based bull market is a couple of years off based on present facts. But price might not stay this cheap due to company progress.
- Forums
- ASX - By Stock
- AGY
- General Discussion AGY
General Discussion AGY, page-18684
-
- There are more pages in this discussion • 5,145 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 AGY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $106.0K | 2.735M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1374182 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 13217 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1374182 | 0.038 |
17 | 2347269 | 0.037 |
27 | 2819892 | 0.036 |
30 | 2635393 | 0.035 |
9 | 1320292 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 13217 | 2 |
0.040 | 1139479 | 3 |
0.041 | 754698 | 4 |
0.042 | 1564864 | 7 |
0.043 | 2054255 | 5 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
AGY (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online