Yes it’s a downgrade, but that’s still double what the current share price is.
Although I agree, worrying times with the copper situation. It is definitely a big issue being so exposed to copper as we further slip into recessions all around the world. Powell’s speech on Friday really hit the market hard because people woke up to the fact this will be going on for years with the tactics the Fed are now going to use to try to get out of the pickle. Plus there’s no evidence it’s going to work either.
Ann: FY23 GUIDANCE, page-46
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $299.9M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 32.5¢ | 29.5¢ | $3.589M | 11.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 265602 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 81181 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.020 ( 6.38 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 32.5¢ | 29.5¢ | 5959604 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| AIS (ASX) Chart |