In the last 2 months:
A Director buys...
BlackRock buys...
LIT buys...
Meanwhile:
LI prices remain high...
LI supply remains tight...
LI sector stocks hitting highs...
Volume has exploded...
RIO interested in SQM...
LAC listing on NYSE...
EV numbers heading higher...
A lot of positive trends as of late and as we know the trend is your friend.
AJM moving from explorer to producer will attract a more conservative buy & hold investor. Future market volatility will have less impact on producers that are making money and paying dividends or expanding their resources.
There are always going to be concerns regarding high market valuations, high share valuations, threat of war, weather, issues when production begins, short sellers, sly punters who come and down ramp, rumors of replacements to LI in the future, etc..
Lots of noise out there to confuse and of course we are going to have to go through corrections along the way. Keep it simple and follow the money and share price, both very positive at the moment. FMC just came out with earnings and they are expanding their LI production capacity. LI is in demand for the majors and they are not producing enough to fill this demand.
Several positive catalysts for 2018 have been covered by members on this forum. I wouldn't rule out a US listing as well and as there will be an increase of M&A activity in the LI space, we may become a TO candidate ourselves in the future. I don't know what's going to happen but what a great time to be a holder of Altura and other great ASX LI companies. Think positive, be positive... GLTA!
AJM Chart, page-1721
-
-
- There are more pages in this discussion • 5,564 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 1MC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
Day chart unavailable