Aust Super will be assuming that with the economy weakening due to China Covid disruptions , interest rate rises & Ukraine there will be less need for metals specifically Dr. Copper.
The Cu price would have been buoyed by Speculators using it as an inflation hedge. If the economy weakens they run the other way.
Personally like you I'm interested in the cycle (potentially super cycle) two years out. I can't predict timing.
All IMVHO (and stop asking the important questions).
Cheers.
Ann: Change in substantial holding, page-18
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$9.08 |
Change
0.010(0.11%) |
Mkt cap ! $4.152B | |||
| Open | High | Low | Value | Volume |
| $9.09 | $9.24 | $9.07 | $11.54M | 1.265M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6482 | $9.07 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.08 | 85682 | 5 |
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