Friday's surge in Manganese prices with the exception of Nickel was the largest one day in the commodities market we have seen for some time. A perfect storm of events leading up to and we may well have just seen the beginning.
Annoucement of 1 trillion CNY targeted infrastructure spending was the icing on the cake and in my opinion will underpin a higher Manganese prices to come. In 2016, the Chinese government announced a similar package of infrastructure spending, during that time ore prices fetched as much as $9.22 dmtu.
Remarkable how this is not one of the most talked about stock's on HotCopper ATM, especially after Friday's frenzied auction bidding. Greatful to the weak hands that sold another 70,000 units to me on Thursday and Friday and will be adding to my position on Monday.
- Forums
- ASX - By Stock
- E25
- The Dawn of EV
The Dawn of EV, page-1346
-
- There are more pages in this discussion • 512 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 E25 (ASX) to my watchlist
(20min delay)
|
|||||
Last
33.5¢ |
Change
0.015(4.69%) |
Mkt cap ! $73.67M |
Open | High | Low | Value | Volume |
33.0¢ | 33.5¢ | 32.0¢ | $121.7K | 371.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67969 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 26984 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67969 | 0.320 |
3 | 142793 | 0.315 |
4 | 54818 | 0.310 |
5 | 116527 | 0.305 |
12 | 195927 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 26984 | 2 |
0.340 | 29411 | 1 |
0.345 | 78985 | 3 |
0.350 | 120647 | 4 |
0.360 | 90044 | 3 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
E25 (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online