SOFR + "Margin" - Glencore are not a charity, and undoubtably there is a profit in it for them, I can't see why they would want to end up owning Capricorn or Golden Grove though, and can only assume that Glencore want the Cu and Zn concentrate supply. Took a small toe dip in the water today at 42.5c but fully expecting this to sink further, so might require several attempts to re-entering to find the bottom. I am thinking this is a turnaround story like AMI and its just a matter of buying the stock once all the bad luck/bad news has sunk into the mindset of the market. With upcoming Zn and Cu concentrate supply shortages finally swinging things back into favour of the miners, this is now one of the most "beaten up" producers trading on the ASX - think of AIS but more bad luck than bad management.....
SOFR + "Margin" - Glencore are not a charity, and undoubtably...
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Last
47.8¢ |
Change
-0.003(0.52%) |
Mkt cap ! $336.8M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 47.8¢ | $622.2K | 1.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 450549 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 53852 | 26 |
View Market Depth
| Last trade - 12.06pm 06/05/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
-0.003 ( 0.39 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 49.5¢ | 47.5¢ | 278597 | ||
| Last updated 12.16pm 06/05/2024 ? | |||||
| 29M (ASX) Chart |