"it's simply a matter of sustainable demand/supply, JPM forecast demand 3% CAGR to 133kt in 2020 and supply 4% CAGR to 173kt REO in 2020 "
are you really would so naive as to believe that JP Morgan's "FORECAST" but also after 7 years ?
just see J.P. Morgan's so-called "FORECAST" in 2010,
J.P. Morgan on New York Presentation (September 2010)
"2014 DEMAND FORECAST:
Total 9% 190,100t REO
2014 FORECAST SUPPLY
Total 169,800t
SUPPLY VS SUPPLY/DEMAND
(26,900t)"
so ridiculous, right?
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Last
$14.63 |
Change
0.020(0.14%) |
Mkt cap ! $14.52B | |||
| Open | High | Low | Value | Volume |
| $14.92 | $14.97 | $14.63 | $156.8M | 10.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29379 | $14.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.65 | 4505 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| LYC (ASX) Chart |