Figures coming out of China indicate their economy is cooling somewhat. There's a micro-debt crisis coming on the back of a recent unprecedented property bubble there (the first of many to come I might add) so this is putting downward pressure on commodities.
The $AUD has softened with this news as well but we'll need some more indicators to see the longer term picture.
BTR needs the licence issue sorted + another good drill result and it'll be back to $1.70+, anything short of that and, well - the air will just continue to slowly leak from it.
Realistically, for now there's no need to panic.
licences, page-33
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.22M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $13.60K | 862.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 18722554 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 8008623 | 9 |
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| Last trade - 14.39pm 09/08/2024 (20 minute delay) ? |
| BTR (ASX) Chart |