If you compare AGY with only the biggest shit-shows in lithium production then sure, you can make AGY's SP performance look favourable. But if you are going to infer that it is not company specific and it's purely down to the lithium price, then we really should look at how AGY fared against a few more producers who are equally effected by the falling lithium price.
Let' use the metric of how much they need to gain to get back to their all time highs, as this is much more revealing than their percentage drop:
PLS - Needs to gain ~60% to return to ATH. LAAC - Needs to gain ~65% to return to ATH. MIN - Needs to gain ~70% to return to ATH. LTM - Needs to gain ~140% to return to ATH. IGO - Needs to gain ~150% to return to ATH. ALB - Needs to gain ~180% to return to ATH. SQM - Needs to gain ~180% to return to ATH. SGML - Needs to gain 180% to return to ATH.
AGY - Needs to gain ~700% to return to ATH.
Personally I'd rather AGY weren't keeping company with the worst of the producers on the ASX (CXO,SYA, LKE, etc).
AGY Price at posting:
10.3¢ Sentiment: None Disclosure: Held
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