Not only that, but Market Matters - fund has entered as well, rotating out of SFR, seeing better risk reward upside, so A1M is now their pure play copper exposure pick. Between the Directors buying and MM, i think this is a very strong buy.
Only potential fly in the ointment is China. Traders say they're running down inventories at the moment and the reduced purchases are what's letting the price. Regardless, if you're after copper expose (long), i don't think you can do better on the ASX.
Ann: High-Grade Copper Results Returned from Sandy Creek, page-19
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Last
35.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $201.4M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 35.0¢ | $41.35K | 116.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 120228 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 118440 | 9 |
View Market Depth
| Last trade - 10.40am 11/10/2024 (20 minute delay) ? |
| A1M (ASX) Chart |