Price does not seem to like it under 10 cents , but there is a lot of wood to chop above, I'm optimistic also that's why I continue to hold.
If I had doubts about the company it's a simple case of selling out and deploying the capital elsewhere. There are >5000 ASX stocks to invest in and that is just 1 asset class.
I note that they did a round up of fund managers on minemoney and virtually all said iron ore would be the under performing asset of 2024, but it's so bid. One could hypothesize that if high rates break something and stimulus is required next year it may come in the form of infrastructure spending as opposed to printing, this may account for a biddish tone to a number of commodities.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $79.46M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.7¢ | $171.4K | 21.31M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 11618793 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 15251316 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 11618793 | 0.007 |
8 | 2998466 | 0.006 |
4 | 950000 | 0.005 |
4 | 5325000 | 0.004 |
1 | 2000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 15251316 | 10 |
0.010 | 4180026 | 10 |
0.011 | 1536342 | 4 |
0.012 | 1726634 | 4 |
0.013 | 3240000 | 4 |
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