"it's simply a matter of sustainable demand/supply, JPM forecast demand 3% CAGR to 133kt in 2020 and supply 4% CAGR to 173kt REO in 2020 "
are you really would so naive as to believe that JP Morgan's "FORECAST" but also after 7 years ?
just see J.P. Morgan's so-called "FORECAST" in 2010,
J.P. Morgan on New York Presentation (September 2010)
"2014 DEMAND FORECAST:
Total 9% 190,100t REO
2014 FORECAST SUPPLY
Total 169,800t
SUPPLY VS SUPPLY/DEMAND
(26,900t)"
so ridiculous, right?
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Last
$9.99 |
Change
0.270(2.78%) |
Mkt cap ! $9.345B | |||
| Open | High | Low | Value | Volume |
| $9.75 | $10.15 | $9.71 | $68.77M | 6.987M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $9.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 15550 | 7 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |