Great post mate. You pretty much nailed it in everything you've pointed out.
Threads like this that are created to clog up the forum, simply for baiting purposes, I can only assume are from salty holders who are upset they listened to their HC figure-heads and bought in "cheap" at 200-400% higher. You'll notice every time AGY had a pull back or a few cent upticks that they start gloating, posting en force... not fully capable of understanding what's actually going on.
Or maybe it's their immaturity showing when they can't hack it that someone who called that 10c was viable should the company not make further progress, was correct all along, no matter how much chest beating the rampers want to do.
You are correct in saying the price is rising along with the lithium sentiment. All lithium is having a rebound. AGY are not having a rally based on further fundamentals. IMO it's a combination of FOMO for the announcements we're waiting for in March + sector sentiment.
Should the company not deliver, we'll have to see how effective the sentiment will be in sustaining these higher prices on it's own shoulders. Remember, no EIA approvals means no offtake and no finance, which means CR will be more and more likely. We will want the price as high as possible when or if that happens.
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Great post mate. You pretty much nailed it in everything you've...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $175.5M |
Open | High | Low | Value | Volume |
12.5¢ | 13.5¢ | 12.5¢ | $317.9K | 2.449M |
Buyers (Bids)
No. | Vol. | Price($) |
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27 | 1412476 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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13.0¢ | 64153 | 2 |
View Market Depth
No. | Vol. | Price($) |
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27 | 1412476 | 0.125 |
46 | 2105092 | 0.120 |
16 | 1365004 | 0.115 |
12 | 697043 | 0.110 |
10 | 1019856 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 64153 | 2 |
0.135 | 847600 | 22 |
0.140 | 464578 | 11 |
0.145 | 860808 | 13 |
0.150 | 747120 | 16 |
Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
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Change
-0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
12.8¢ | 13.3¢ | 12.5¢ | 743366 | ||
Last updated 15.59pm 20/05/2024 ? |
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