Have a look at Cu prices. Or even run a correlation with a 2 day lag.
That would tell you what's happening. This make sense because the profitability of A1M is intrinsically linked to the Cu price received but leveraged because of fixed and variable costs.
All IMVHO.
A1M: General Comments, page-372
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Last
40.5¢ |
Change
-0.050(11.0%) |
Mkt cap ! $225.4M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 38.0¢ | $2.233M | 5.410M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30325 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 53566 | 9 |
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| Last trade - 14.46pm 17/07/2024 (20 minute delay) ? |
| A1M (ASX) Chart |