For holders who feel nervous and thinking about selling when trading resume, below are some stats to consider before hitting that Sell button.
The table below shows 1-Year (as at approx 12pm today) weighted sector's return of all ASX300 companies. Only 2 sectors (Energy and Materials) have more companies with positive 1-year return than negative. Positive return from Energy sector was driven mainly by gains from 3 companies Woodside/Whitehaven/Yancoal.
Lithium is a sub sector of Materials and despite the bear market, the 1-year weighted average return of all ASX300 Lithium companies is a whopping 92.74%.
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held