The downturn of AGY is certainly disappointing for us medium to long term holders but the fundamentals of this company remain the same as when the SP was 80c a few weeks ago.
Following the major slide to Friday, it is possible that a large holder or two decided to take some profits on Monday, especially given the uncertainty of the macro economic climate. Based on the buys later in the day, it is possible they got back in. Who wouldn’t with production just around the corner?
AGY has been punished more than other lithium companies in recent times but it has always flown under the radar a bit. It will always take longer to rebound from a set back. Things will stabilise. We are on a good thing here.
The downturn of AGY is certainly disappointing for us medium to...
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Last
3.5¢ |
Change
-0.002(5.41%) |
Mkt cap ! $50.95M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.5¢ | $100.7K | 2.799M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 3180036 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 100234 | 3 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| AGY (ASX) Chart |