I think this is coinciding with a bottom for the sector (hopefully) due to the Chinese carbonate prices now being too low for the high-cost Chinese lepidolite producers to output at profit. Also going into peak EV selling season (sales growth is strong). Also have potential company level news that could drop anytime on permits for example. Lots of signs for a potential bottom. Shorting at these levels seems very risky IMO.
I think this is coinciding with a bottom for the sector...
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Last
4.0¢ |
Change
0.004(11.1%) |
Mkt cap ! $56.05M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.0¢ | 3.7¢ | $166.3K | 4.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 156230 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 1540543 | 12 |
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| Last trade - 11.47am 27/09/2024 (20 minute delay) ? |
| AGY (ASX) Chart |