I am not going to call a direction but the obvious facts are that zinc is at record prices.
Whether $2.00 or $1.64, high is high.
When ZFX made its $1B profit the average price received was nowhere near $1.64, the average price may have been $1.00.
Over the last two weeks the rise in stocks has ceased.
I do not claim to know nothing about buying patterns but they do fluctuate. That is their nature.
There are long term demand fundementals , which are not going to disappear overnight..
- Forums
- ASX - By Stock
- ZINC
- sunami warning
sunami warning, page-8
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZINC (LME) to my watchlist
(20min delay)
|
|||||
Last
$2,575.9 |
Change
0.000(0.08%) |
Mkt cap ! n/a |
Open | High | Low |
$2,575.9 | $0.00 | $0.00 |