Difference between AGO and 29M is that the iron ore spot price crashed so you can't compare. Copper spot won't crash per se rather my view is that it will rest whilst the macro economy sorts itself out and then will trend higher over time as net zero becomes more prominent ie. electrification and renewables.
Not even Buffet can pick the bottom but the philosophy is to buy low and sell high so that's why I have taken a position now averaging 91c. Happy to wait it out for a year minimum
Difference between AGO and 29M is that the iron ore spot price...
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Last
43.5¢ |
Change
0.010(2.35%) |
Mkt cap ! $305.3M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.0¢ | 42.0¢ | $654.0K | 1.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27987 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 133084 | 13 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| 29M (ASX) Chart |