You have to wonder ...
In the absence of certainty of anything we're being told, I guess it's safest to rely on basic economics. If demand is increasing and supply is not, there will be a predictable impact on price. It's very safe to assume demand has big increases occurring and if "monetary" buying really takes a boost the price should escalate very easily, very quickly. The shorters will have to eventually buckle under the pressure. And has been pointed out by every man and his dog, this commodity is historically absurdly cheap!!!! ... So what's the likely outcome? There's only one answer.
You have to wonder ... In the absence of certainty of anything...
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $47.08M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.5¢ | $4.997K | 16.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 62 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 1731 | 1 |
View Market Depth
| Last trade - 15.31pm 10/05/2024 (20 minute delay) ? |
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Last
30.5¢ |
Change
0.005 ( 7.02 %) |
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| Open | High | Low | Volume | ||
| 28.5¢ | 30.5¢ | 28.5¢ | 4655 | ||
| Last updated 15.03pm 10/05/2024 ? | |||||
| MMA (ASX) Chart |