Why ASN? (or why not), page-5

First 5 Last

Share
Profile

Follow
Chris2184

12,114 Posts.

2681

26/05/23

18:34

Post #: 67987838
Share

Originally posted by stevo 111: ↑

I wrote an enormous post to your comments, unfortunately it was lost in the HC clouds.

almost impossible for me to replicate that now with dinner about to hit the table.

I will try to replicate my post as I’m a huge market watcher and political analyst, I’m a right wing socialist which puts me in a marginal group.

Im all about looking after our suffering people, but i firmly believe half those on welfare don’t give a f* and never want to work. This infuriates me and many others that pay enormous tax.

Back to ASN.

Yes we are getting very close to tax selling as we head to the end of June, it a bitch but happens every year in the two weeks prior.

The lithium sector continues to see selling pressure at this time despite the significant gains in Lithium prices.

As we are all aware the world’s economy’s are in turmoil as we continue to deal with the Ukraine war, inflation issues, cost of living especially interest rate increases as they vigorously increase rates as they see it as the only way to fight inflation.

while lithium prices continue to increase, and I believe they will hit another all time high later this year, lithium stocks continue to succumb to the nature of the market when they should be placed in this basket case.

Prices rising and EV sales up globally around 69% YOY.

They are really trying to tire us out of the market. You all saw the so called analysts forecast last year, lithium 99.5% to fall to 11k right about now! Fricken muppets and masters of manipulation.

current contract pricing is between US$45-60k, they were wrong again, not the first time their commentators have tried to screw retail.

We all know the Chinese masters of manipulation had their fingers in this as it happens every single year. They stoped buying products around December as their inventory already low heading into China NY, they purposely rain their inventory down to like two weeks worth the collapse pricing. Now we are seeing 3-5% increases daily as they scramble to restock and ultimately feed their money hungry plants.

They are smart and greedy, nothing new here.

The other part of my lost post I will try to retrieve tomorrow. It was more related to some of your comments.

Best wishes mate, and appreciated your post.

GLTA.

Disclaimer, post was was generated under the influence of a Friday lunch. Hope it made a little sense?

Expand

You and I are very similar mate, that was a good read.

Cheers to the weekend.

ASN Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Trump chides Powell as Goldman call for calm. The RBA must be nervous

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.8¢		Change -0.002(4.00%)		Mkt cap ! $67.95M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.8¢	$40.44K	814.9K

Buyers (Bids)

No.	Vol.	Price($)
4	266190	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	194631	6

View Market Depth

No.	Vol.	Price($)
4	266190	0.048
4	222553	0.047
5	245000	0.046
7	1184000	0.045
7	1711818	0.044

Price($)	Vol.	No.
0.050	194631	6
0.051	297916	5
0.052	200000	1
0.053	298000	4
0.054	100000	1

Last trade - 12.21pm 04/07/2025 (20 minute delay)

ASN (ASX) Chart

Why ASN? (or why not), page-5

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Trump chides Powell as Goldman call for calm. The RBA must be nervous

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Why ASN? (or why not), page-5

Top Stories

Tourism Holdings says Liberation Day tariffs smashed US RV demand

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

Trump chides Powell as Goldman call for calm. The RBA must be nervous

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News