I’m not sure how low it will go, but my estimation is that we are bouncing around somewhere near the bottom.
Consider the cost of production, as well as the AISC, as well as profit margins of various producers…. Then consider the rising demand and incentive pricing for new projects….
…don’t forget inventory draw-downs and the “funny games” that some govts will play….
Imo we are probably “around” the bottom at these levels… although indeed possible for there to be some aggressive shakeout or similar, although imo not sustainable…
This may be interesting/relevant, when considering other factors, including those noted above:
![]()
imo
Dyor
- Forums
- ASX - By Stock
- 7 AUD its not the same like 17 AUD! :)
I’m not sure how low it will go, but my estimation is that we...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTM (ASX) to my watchlist
|
|||||
Last
$3.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.399B |
Open | High | Low | Value | Volume |
$3.99 | $4.01 | $3.91 | $6.639M | 1.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5671 | $3.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.97 | 751 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5671 | 3.930 |
2 | 7661 | 3.920 |
1 | 2861 | 3.910 |
10 | 21236 | 3.900 |
2 | 3118 | 3.890 |
Price($) | Vol. | No. |
---|---|---|
3.970 | 751 | 1 |
3.980 | 8532 | 3 |
3.990 | 13861 | 3 |
4.000 | 13236 | 5 |
4.010 | 2861 | 1 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
LTM (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online