AZL 6.25% 1.5¢ arizona lithium limited

AZL General Discussion, page-8457

  1. 11,681 Posts.
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    My thoughts are that the reason we are held back is because of anticipation of the market crash which many believe is now inevitable. Too much money printing and too many inflationary concerns now. The Fed's hands are tied and the future outlook is quite grim to be fair - ongoing Ukraine conflict, food security issues, energy security issues, supply chain disruptions, covid ongoing, monkeypox heating up, Taiwan heating up. Plenty on the menu right now and the market hates it and it's dying a slow death imo.

    If the crash comes along already then the anticipation aspect is gone. This mass selloff from 27c to 14c is already a crash mindset type sell off IMO. An actual crash won't affect our share price much more because the anticipation aspect of this crash is already priced in. 14c is very solid support! So the moment it happens we are onto blue skies IMO. The lithium pricing has proven we are untouchable to market issues and almost a new safety haven/precious metals of sorts due to the element's current scarcity. Therefore a crash is likely to create the next leg up and more likely than anything, distance ourselves and correlate away from the US market carnage and dow movements.
 
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Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $67.10M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $184.7K 12.29M

Buyers (Bids)

No. Vol. Price($)
2 1097679 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 8343359 22
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Last trade - 15.38pm 27/08/2024 (20 minute delay) ?
AZL (ASX) Chart
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