Trading halt saga started at 25c or so. Fact is AVZ has slid...

Trading halt saga started at 25c or so. Fact is AVZ has slid down from 37c since mid Jan like most other lithium stocks. AVZ is down 40% or so compared to the 33% average. So yes, its had some effect but not as much as people claim. We would still be in the mid 20s at best without twittergate (actually we were). Macro fears like oversupply scares and DOW retrace are largely to blame for a sector wide retrace IMO.

Another example, AJM about to start production, just released a DFS on doubling production today and only up 1 pip today...still down 25% from its mid Jan high. SYA, pretty promising company, down almost 60% from the mid Jan high.

Until the sector turns around (which I think might be happening soon based on the ASX metal and mining index and lithium SP averages over the last 3 weeks stabilizing), AVZ isn't going to be breaking any new highs IMO.