I don't own any MAK but have been planning to get in for a while based on a pretty exciting upside - current prices have me close to buying. But I was speaking to a senior exec of one of the large phosphate producers a few days ago and he told me to be very careful as they are aware of a huge supply of phosphate that will be coming on to the market out of the middle east in around 2 years time. They expect prices to drop significantly as they approach that period. Does anyone know anything else about this?
phosphate supply
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Change
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Mkt cap ! $27.04M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 4800667 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 766645 | 2 |
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| Last trade - 16.12pm 08/10/2024 (20 minute delay) ? |
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