AZL 0.00% 1.9¢ arizona lithium limited

interesting 2 new s/holders about 5% each, page-11

  1. 3,704 Posts.
    re: interesting 3 new s/holders about 5% each SB,

    Yeah I've seen a few posts talking about ZYL going under but I find it doesn't have the usual characteristics of companies going under.

    1) They've been in business for ages. My chart only goes back about 13 years and they were in business back then so maybe even longer.

    2) For some strange reason Trusts and Super funds have been buying in big chunks (5% of all shares at a time).

    3) There are about 118 million on order at 0.004, not the next increment down but right at the forefront where they could easily become a sale. You don't do that with dummy bids, it's too dangerous.

    4) Just before Xmas there was a massive increase in volumes, 90 to 125 million per day were traded well into the new year.

    I dunno, it just doesn't smell like a company going down the tubes to me. It may be wishful thinking as I hold a sh!tload of ZYL but I think people in the know are accumulating and they started doing that just before Xmas.

    As usual, time will tell. Share trading is such a delicious game don't you think?

 
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Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $85.00M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $9.764K 492.0K

Buyers (Bids)

No. Vol. Price($)
18 2337244 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 557755 5
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Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
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