With all due respect, from a chart perspective, until we break 0.019 resistance, any movement within the channel means absolutely nothing, whether there's a crossover or it's "ready to pop".
Reality is, it moved lower from a 6 month accumulation zone (blue) to another tight ranging zone (red), the only positives are the volume spikes which signal buying interests at these levels.
AEV has A$3.2m in the kitty as of last quarter. At current cash burn they simply don't have enough to pay Aleees U$2m (cash or shares) by end of December. CR for cash or stock either way a substantial dilution is on the way and we all know that.
The main catalysts remain the same:
- Positive DSO FS @ Wonarah for ST cashflow
- New JV partner with big pocket to fund LT LFP project
Without the above de-risking factors, I don't see SP appreciating regardless of who they hire / what they announce.
Ofc my opinion only, happy to be proven wrong.
Hez
- Forums
- ASX - By Stock
- LFP battery/Phosphate news
With all due respect, from a chart perspective, until we break...
-
- There are more pages in this discussion • 166 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 AEV (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.396M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $10.91K | 2.727M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3664897 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2377255 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3292647 | 0.004 |
13 | 8190337 | 0.003 |
6 | 4425000 | 0.002 |
7 | 10749950 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2377255 | 6 |
0.006 | 9000262 | 13 |
0.007 | 6580665 | 10 |
0.008 | 3773125 | 6 |
0.009 | 351000 | 1 |
Last trade - 10.10am 01/07/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online