Australia's largest stock trading and investment forum Australia's #1 stock forum

CUF

Click for more information

0.00%

0.9¢ cufe ltd

https://www.news.com.au/finance/business/mining/long-cold-road-gr...

First 105 Last

Share
Profile

Follow
Black Cat

5,025 Posts.

1724

18/08/24

19:17

Post #: 75258876
Share

Originally posted by gassed: ↑

Stock**ad this morning.
Always regarded as a tough nut to crack, the junior end of the iron ore sector has a way of getting cleaned out from time to time. With the market effectively cornered by the big players, the glass ceiling is strongly reinforced.Often the move for iron ore juniors is to diversify into other commodities attracting market interest like lithium, nickel and gold.But as battery metals prices ebb, the relative stability of the iron ore market is holding a level of attraction right now.While lithium and rare earths prices are now well into the cost curve, iron ore continues to hit a floor in and around US$100/t, paying US$98.95/t in Singapore at 5.30pm AEST yesterday.
Responding to softness in the Chinese economy, that’s a way off the US$140/t levels seen late last year.But it remains well above historic levels, with analysts like Commbank and miners like BHP (ASX:BHP) alike now seeing cost support at US$80-100/t.It makes iron ore an interesting sector to make a discovery in, especially close to infrastructure in the Pilbara."

Expand

https://www.news.com.au/finance/business/mining/long-cold-road-grim-sign-iron-ore-ice-age-is-coming-as-china-crash-hits/news-story/661fcab63fa5d28355487df0cc487cdc

CUF Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

KAU

Kaiser Reef sets up $8M capital raising to boost expansion at A1 gold mine

WTC

A sex scandal is unlikely to hurt Australia's tech crown jewel – just look at trades

Superannuation Essentials: Building Wealth for Your Retirement

BTH

Bigtincan bounces 9% after $409M merger proposal sets stage for Nasdaq listing

There are more pages in this discussion • 51 more messages in this thread...

First 105 Last

Add CUF (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $12.03M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$3.421K	380.1K

Buyers (Bids)

No.	Vol.	Price($)
7	2873254	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	680980	3

View Market Depth

No.	Vol.	Price($)
7	2873254	0.008
17	5429424	0.007
5	2060000	0.006
7	3550000	0.005
2	1880000	0.004

Price($)	Vol.	No.
0.009	680980	3
0.010	1170889	3
0.011	2645365	3
0.012	2628201	6
0.013	2605476	4

Last trade - 15.20pm 21/10/2024 (20 minute delay)

CUF (ASX) Chart

SPONSORED BY