The HCH SP needs to get to it's actual value ( NPV) before you can consider it a correlation or not. It's nowhere near the value it should be so it doesn't correlate with the copper price IMO. We are so far under our NPV in theroy we should be outperforming the copper price. But because any rise on price is continually sold into outperforming never happens or is very slow.
back in August 2023 copper $8470 per tonne HCH $1.61
now copper 9680 HCH $1.22
that's as much of a correlation to copper as salmon to ironore.
- Forums
- ASX - By Stock
- All things COPPER
The HCH SP needs to get to it's actual value ( NPV) before you...
-
- There are more pages in this discussion • 234 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 HCH (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.25 |
Change
0.000(0.00%) |
Mkt cap ! $149.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $1.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 4035 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 1.300 |
1 | 308 | 1.275 |
1 | 944 | 1.270 |
1 | 58 | 1.265 |
1 | 2450 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.240 | 4035 | 1 |
1.245 | 19283 | 1 |
1.300 | 7180 | 5 |
1.310 | 122391 | 1 |
1.315 | 546 | 1 |
Last trade - 16.12pm 01/05/2024 (20 minute delay) ? |
Featured News
HCH (ASX) Chart |
Day chart unavailable
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, MD & Executive Chairman
David Breeze
MD & Executive Chairman
SPONSORED BY The Market Online