Hi Willow, the recent sell off in the mining sector in my opinion is due to the lack of economic growth projected in many developed economies around the world. This is why metal prices have sold off therefore jnrs tend to sell
off even more. However if you can see past this and do some research on how much copper and other metals are required to meet the demand in the next ten years I think you would be backing up the truck.
Interest rate rises are also another factor when investing in "growth" or company's that are growing as debt becomes more expensive.
Personally I have not sold a single share of ANX, however I have taken a paper loss on another highly speculative lithium share. I believe ANX will hit 20c very quickly once DFS is completed. If the war ends and China has more of a relationship with Aussie you can also expect to see
a massive price increase.
So me personally I'll be holding on tight and buying in this market for the next year.
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Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $13.16M |
Open | High | Low | Value | Volume |
1.8¢ | 1.9¢ | 1.8¢ | $18.57K | 1.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 661510 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 461390 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 661510 | 0.017 |
2 | 675000 | 0.016 |
4 | 732400 | 0.015 |
1 | 150000 | 0.013 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 461390 | 3 |
0.020 | 250000 | 1 |
0.022 | 50000 | 1 |
0.023 | 400000 | 1 |
0.027 | 50000 | 1 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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