100% agree the market runs on anticipation - especially with spec stocks. Unless AZL have an imminent announcement that pops out though - the latest run is just the lithium euphoria from the latest price rises (the lithium price is not the icing on the cake - its the cake right now and in the case of a lot of explorers, the only reason they have any value) - a whole bunch of stocks have gone crazy the last 5 days - all on zero announcement - here's a few at a glance and there's probably more - and this is the last 5 days.
lpi 29%azl 43%lke 36%agy 36%pam 26%ess 30%
Sure AZL is a little in front in that list in the last 5 days - it's not due to fundamentals though.
I'm a holder, enjoyed the rise though, but looking forward to when we do get some real news
AZL General Discussion, page-282
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $93.95M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $44.53K | 2.199M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2934054 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 8486204 | 14 |
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| AZL (ASX) Chart |