Usually negative comments follow a drop in shareprice, not the other way around. This recent little run on lithium stocks, including ASN, has been purely in repsonse to the moves in China spot price and Li Futures. The futures dropped yesterday, hence the sell off. It not the constitution. Its not Mabo. Its not justice or the law. Its not the vibe. Its normal market responses to the maco indicators.
It will come back, the market will respond to the ups and downs of the macro setting as it always has. Lots of great FA coming in the near term for ASN to determine the amplitude of the SP moves that will be dictated by sector and macro sentiment, as they always have.
ASN General Discussion, page-18653
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Last
10.5¢ |
Change
0.006(6.06%) |
Mkt cap ! $135.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $257.4K | 2.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 666665 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 257135 | 4 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| ASN (ASX) Chart |