AGY 0.00% 3.8¢ argosy minerals limited

General Discussion AGY, page-19438

  1. 18,514 Posts.
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    I see no unusual trading. The number of trades is low so far. It appears that the lithium section, generally is suffering from either an oversupply or a lack of demand, which relates to an oversupply, anyway. Processing problems are being dealt with, this also is nothing new or unusual in this industry. I see no need to panic and I don't see a panic in the selling. This time of the year people are using funds for "things" related to Xmas and often need to sell "something" to get the extra cash needed. This creates more sellers than buyers, which in turn puts pressure downwards on the SP.
    I say, sit tight, have a merry Xmas and wait for the happy New Year.
 
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