SHFE tin inventory dropped another -1,017 last week down to 9,794 with On Warrant sitting at just 8,627. LME tin inventory pretty much unchanged for the week sitting at 4,685 however On Warrant is sitting at 3,960.
It was a was a wild ride last week for the tin price with prices swinging from as high as $33k USD to as low as $29k USD.
Probably reading too much into it but I reckon the release of last weeks Presentation is a precursor to more news to come.... I know it is common for companies to release Presentations but not for MLX.
Ann: Presentation, page-6
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Last
43.5¢ |
Change
-0.020(4.40%) |
Mkt cap ! $390.0M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.8¢ | 43.0¢ | $1.862M | 4.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76054 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 9761 | 2 |
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| MLX (ASX) Chart |