AGY 5.43% 8.7¢ argosy minerals limited

@pierre23I agree mate, but I think it will take those three...

  1. 3,849 Posts.
    lightbulb Created with Sketch. 1510
    @pierre23

    I agree mate, but I think it will take those three deliverables plus a change of sentiment to get this moving in the right direction. Excellent releases from other companies are being met with muted responses or even sell-offs, and it wouldn't surprise me to see the same here at AGY. There might be some short-term excitement from the diehards who'll assume "this is their moment", but I think it might be short lived.

    Argentina Lithium (ALE, TSX-listed) spiked from 23c to 48 cents in one day off the back of their strategic funding deal and offtake with a Tier-1 customer (Stellantis). They've since retraced to 28 cents. On a percentage basis, they rose >100% on the news, but 4 months later they've only held on to a 20% gain (or thereabouts).

    I suspect the same could happen with AGY and I believe that a genuine, substantial improvement in overall lithium sentiment is required for a sustained move in the right direction.
 
watchlist Created with Sketch. Add AGY (ASX) to my watchlist
(20min delay)
Last
8.7¢
Change
-0.005(5.43%)
Mkt cap ! $126.6M
Open High Low Value Volume
9.1¢ 9.1¢ 8.7¢ $278.7K 3.125M

Buyers (Bids)

No. Vol. Price($)
2 688234 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 603000 4
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
8.8¢
  Change
-0.005 ( 5.17 %)
Open High Low Volume
9.1¢ 9.1¢ 8.6¢ 1569215
Last updated 15.46pm 17/06/2024 ?
AGY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.