People ask for leverage plays on the copper price.. and generally buy junk low margin leverage plays with a tonne of debt. With sandfire and Degrussa ONLY you have huge leverage as below, add it Tshukudu and that only multiplies. You can buy junk for leverage - which works both ways, or you can buy sandfire for leverage - which has a massive skew to the upside and limited downside. I know what I’m choosing for risk v reward.
People ask for leverage plays on the copper price.. and...
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Last
$8.16 |
Change
-0.290(3.43%) |
Mkt cap ! $3.732B | |||
| Open | High | Low | Value | Volume |
| $8.29 | $8.42 | $8.13 | $33.10M | 4.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7311 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.19 | 9030 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SFR (ASX) Chart |