I take all you points but surely if Cu goes to $3.50 and the price of your brass fittings the proportionately amount you would continue producing. Economic theory is all based around marginal costs. The tariffs at are being applied to China is not stopping everything. Some substitution and switching but not dead stop. It's like saying when Cu got to $4.50 everything stopped. It didn't people sole copper piping out of new vacant houses but i it wasn't all stop.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $527.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.8¢ | 59.0¢ | $1.780M | 2.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2750 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 7033 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |