no punts meant but I think AJM is really pushing the price of spodumene down no offense because of their cash position weak producers are bending down towards chemical converters to sell under production+financing cost prices to stay afloat.
unhealthy practice.
AJM should prolly do a CR even though a painful dilution to get things moving ahead and not bow down to try to survive.
I was a AJM holder until I saw their cash burnout. and typically just being proud to sell at a loss to stay afloat is accelerating the process of sinking. AJM has great products but for "survival" they are forced into this...
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No. | Vol. | Price($) |
---|---|---|
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3 | 118477 | 0.029 |
4 | 228475 | 0.028 |
1 | 61938 | 0.027 |
1 | 111148 | 0.026 |
4 | 165000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 275712 | 4 |
0.032 | 92168 | 2 |
0.033 | 378549 | 3 |
0.034 | 270000 | 1 |
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