Australia's largest stock trading and investment forum Australia's #1 stock forum

AGY

Click for more information

5.68%

8.3¢ argosy minerals limited

2019 Charts, page-1109

First 1109 Last

Share
Profile

Follow
Fid

2,300 Posts.

1167

04/10/19

16:26

Post #: 40731422
Share

Originally posted by Launched: ↑

If you believe the Lithium story but are unsure of which Lit play is best then hedge your bets on the Global Lit ETF.

Your investment will be diversified across the major players in the lithium and battery space.

Although it's plain to see from Fids chart that we follow the Lit ETF very closely.

So I like to think of AGY as a leveraged instrument to get on the next lithium run.

When that run is anyone's guess but you can load up with a lot more shares trading around 7c than buying into the Lit ETF at $24 so for me it's a no brainer!

Obviously there's more risk investing in a single junior but the upside potential is much much greater so choose an investment to match your own risk profile.

Also take into account the near term catalysts that could very well see AGY spike up away from the Lit ETF...

That said, it's the long weekend and looks like it's beer o'clock. Enjoy the break people!

Expand

"Also take into account the near term catalysts that could very well see AGY spike up away from the Lit ETF"...

Launched is absolutely correct. Here we have the global X (black plot) and a constituent of the global X
with the fund holding 5.69% (red plot)

They make batteries but it's a small part of their business.

AGY Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
15 Upvote

0 Great analysis

Reply

Top Stories

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 361 more messages in this thread...

First 1109 Last

Add AGY (ASX) to my watchlist

(20min delay)
Last 8.3¢		Change -0.005(5.68%)		Mkt cap ! $120.8M

Open	High	Low	Value	Volume
8.6¢	8.7¢	8.3¢	$39.23K	463.6K

Buyers (Bids)

No.	Vol.	Price($)
4	225134	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	22988	1

View Market Depth

No.	Vol.	Price($)
4	225134	0.083
3	336585	0.082
3	164691	0.081
4	699548	0.080
3	111848	0.079

Price($)	Vol.	No.
0.086	22988	1
0.088	115624	2
0.090	157851	4
0.092	219587	4
0.093	15300	1

Last trade - 16.10pm 10/07/2024 (20 minute delay)

AGY (ASX) Chart

SPONSORED BY