Very suprised at the price weakness today given draws on LME...

  1. 133 Posts.
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    Very suprised at the price weakness today given draws on LME starting and increasingly on SHFE.. price gain of nearly 3% on LME today.

    Given where SHFE stocks have built to, does look like the market has finally turned and is now short... fairly darn bullish. Looking like MLX is good bargain right now given the buy back at .37 or whatever the mandated price is ...... The tin barons on X seem pretty damn excited even if the market isnt and Im suprised by mr market myself....Unless area 5 is having some more trouble and thats gotten out somewhere.


    https://hotcopper.com.au/data/attachments/6239/6239788-4e70cdc2d3d282bb4a81a81de04f732a.jpg
 
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(20min delay)
Last
57.5¢
Change
0.015(2.68%)
Mkt cap ! $509.6M
Open High Low Value Volume
57.0¢ 58.0¢ 56.5¢ $1.611M 2.820M

Buyers (Bids)

No. Vol. Price($)
3 217848 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.5¢ 14724 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
MLX (ASX) Chart
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