AGY are at the same price they were last time China Spot was in this zone. I find that fascinating.
A couple of things different - we are in way more oversold territory, macro political and economic
environment is volatile causing risk tolerance to be near zero, interest rates had just come off zero
and energy inflation had risen 30% y/y with CPI at 6.8% - so pivot the from QE to QT
Does the confluence indicate that maybe things are getting 'back to normal' or that it's all about to
get a lot worse? Depends on your world view I guess. Interest rates affecting desire to fund projects
with inflation adding to the risk of cost blowouts, just generally making everything more difficult and
less appealing imo.
-/ve's - unknown outcomes Middle east and appetite for widerspread conflict - worst case WWIII although
some already say WW3 is a financial war - de-dollarisation, cdbc, china, russia, wef, agenda 2030, 15 minute
cities - how ever far down the rabbit hole we want to go.
+/ve's - interest rates flattening, rhetoric cooling around US involvement in offshore wars ( Biden to meet Xi,
no boots on the ground in middle east ), lithium still powering the worlds global technology infrastructure.
Anyway, interest stuff, could go either way at the moment.
NASDAQ hit all time high in November after being at the similar levels earlier that year -
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $61.14M |
Open | High | Low | Value | Volume |
4.0¢ | 4.5¢ | 4.0¢ | $138.2K | 3.242M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60287 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 83721 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60287 | 0.042 |
6 | 539171 | 0.041 |
15 | 1746650 | 0.040 |
13 | 2915102 | 0.039 |
11 | 448228 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 83721 | 1 |
0.044 | 267993 | 5 |
0.045 | 163242 | 5 |
0.046 | 52312 | 2 |
0.048 | 145727 | 3 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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AGY (ASX) Chart |