MLX 5.95% 44.5¢ metals x limited

Ann: Quarterly Activities Report, page-22

  1. 1,095 Posts.
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    Strange old day, which adds to a strange old week.
    Reasonable 1/4erly, but guidance does still seem to be on the market's mind...apparently.

    Plenty of vols over the last 7 trading days, but not too much price movement.
    True churning by the looks. Let's see where this leads the SP into the near future.

    Evergrande doesn't seem to phase the market just yet either , but the trickle down time will tell if it kicks demand sentiment for base metals into the short term.

    As a cheap bastard though, I hope I'm not forced to drag my limit orders up any higher than they are now, but will begrudgingly grab some slightly higher , if absolutely required.

    Some tooing and froing ATM, so let's see where the company sentiment heads to from this point onwards, now that there are a few extra pasos in the company kitty.... .
 
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