You can see the interest building here and with fertilisers and potash more broadly. Lot of talk atm about soaring fertiliser prices and a food shortage. No point in having a lithium/nickel battery electric car if there's nothing to eat.
The SP looks to have found a new base around 14-15c and get ready for the next move to 25-30c. Drilling underway and the results of which are almost a sure thing (nothing is guaranteed I guess). Risk v reward, this is my pick to be the next no brainer. If the price of MOP keeps soaring or the likes of BHP get interested then it becomes a $1~ proposition.
https://fortune.com/2021/11/04/energy-crisis-food-shortage-security-fertilizer-prices-yara-ceo-madagascar-cop26/ (fortune magazine, if the link is edited).
I've loaded up, but once it starts to break 16c again, Im sure I can squeeze a few extra in.
You can see the interest building here and with fertilisers and...
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $18.19M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $13.13K | 591.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 492793 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1250000 | 3 |
View Market Depth
| Last trade - 15.58pm 07/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
-0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.2¢ | 170144 | ||
| Last updated 15.58pm 07/05/2024 ? | |||||
| SHP (ASX) Chart |