On a Macro level, having worked in the commodity sector, the underlying inflation is good for commodity prices. USA CPI is running at 6%, so in general you should see a boom in stocks like Rio Tinto, Glenmore etc if the inflationary environment holds.
Moreover, Zinc is a political commodity for the USA. Security of supply is strategically important for the USA, Greenland is geographically important for their narrative.
Obviously, this helps IBG with their narrative.
34 Days until 23.12.21. - Big Moment - Big decission - EXIM, page-52
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.500M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $9.731K | 3.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2256375 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 28379459 | 15 |
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| Last trade - 10.11am 06/09/2024 (20 minute delay) ? |
| IBG (ASX) Chart |