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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1.6¢ |
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Mkt cap ! $69.34M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $5.993K | 375.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 12233928 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 683181 | 5 |
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| AZL (ASX) Chart |