BML has never really moved alongside lead. It’s usually more closely aligned to the gold/silver price.
If you read the posts on this forum, you’ll see many of the longs constantly babbling about the gold/silver stuff they read on social media (Basel, silver squeeze, imminent systemic collapse, money printer goes brrr etc)
anyway, the current precious metals correction is a great example of the way gold/silver tends to respond when there’s fear of impending crisis in global financial markets. It gets sold off
BML Chart, page-19
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.50M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $42.25K | 393.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 423294 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 114503 | 3 |
View Market Depth
| Last trade - 14.51pm 05/07/2024 (20 minute delay) ? |
| BML (ASX) Chart |