It's crazy that someone can spend years on the stock market and still not have a basic understanding of commodity pricing.
Ilmenite climbing from the lows of $60/t (2015) to almost $400/t (2021) completely dismisses your argument.
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Last
0.5¢ |
Change
-0.001(10.0%) |
Mkt cap ! $13.55M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $3.94K | 834.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 59711079 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 9028336 | 10 |
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| Last trade - 15.46pm 12/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |