The drop in share prices. It's all to do with the Chinese govt trying to prevent inflation and keeping their economy going. And trying to stuff Australia up as the banning of Australian products and their excessive taxes on some of or goods is backfiring in a big way. Especially with iron ore prices. If Australian puts a big tax on iron ore going to China their whole economy is DEAD!!! They're shorting the metals and releasing large quantities from their stockpiles, as well as cracking down on manipulation on their markets and hoarders. It can be only temporary as demand will eventually overtake anything they can do. May take a month or two and then prices will spike. Supply and demand. Simple.
Chalice will be a great company one day. Look what TG is doing. He has Chalice, bought into CPN, splitting LTR, has DEV, into VMS and the Barra area. He is cornering the majority of the best region. He wants to be the Palladium king. Only a matter of time before it will all come under one big umbrella. With one very big share price.
Just my opinion though.
CHN chart, page-60
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Last
$1.24 |
Change
0.085(7.39%) |
Mkt cap ! $480.3M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.25 | $1.16 | $4.171M | 3.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16270 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.085 ( 7.28 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.25 | $1.16 | 531502 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| CHN (ASX) Chart |