I sold out today. Not because I have given up on the stock but because of several factors:
a) World finance issues are looking risky and AZY needs finance in one form or another to keep going
b) AZY is giving priority to extending the Minyari resource through a drilling campaign at the expense of completing a PFS. I think the market has put AZY on a watch list until it knows the outcome of the PFS.
c) I am giving up on fighting the market and will run with it. I will keep watching and buy back in when there is a move from the market.
d) I want to increase my cash position in the face of increasing likelihood of a world recession and financial implosion. I retain some equity investments but I am reducing my exposure to stocks.
In the meantime, I will take advantage of other opportunities that come along with the rise in the POG, or otherwise.
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.10M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $4.927K | 474.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 16611109 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 10737701 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 16611109 | 0.010 |
31 | 12147170 | 0.009 |
15 | 6703090 | 0.008 |
5 | 2322000 | 0.007 |
3 | 2525000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 10737701 | 11 |
0.012 | 11428322 | 17 |
0.013 | 8601164 | 9 |
0.014 | 3785505 | 7 |
0.015 | 3917599 | 7 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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AZY (ASX) Chart |