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.
- Forums
- ASX - By Stock
- AZL
- AZL General Discussion
AZL General Discussion, page-8457
-
- There are more pages in this discussion • 14,322 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZL (ASX) to my watchlist
(20min delay)
|
|||||
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($) | Vol. | No. |
---|---|---|
1.6¢ | 8343359 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1097679 | 0.015 |
44 | 6637930 | 0.014 |
19 | 9050693 | 0.013 |
12 | 10474606 | 0.012 |
6 | 3395000 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 8343359 | 22 |
0.017 | 6899178 | 13 |
0.018 | 3348657 | 11 |
0.019 | 2117506 | 7 |
0.020 | 3860935 | 12 |
Last trade - 15.38pm 27/08/2024 (20 minute delay) ? |
Featured News
AZL (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online