PAN 0.00% 3.5¢ panoramic resources limited

Chart thread, page-309

  1. 2,510 Posts.
    lightbulb Created with Sketch. 366
    Thanks cc,

    I think there might be a bit more hurt yet as Nickel price is on it's way down and directly affects company.

    Company is solid but unfortunately unless Nickel price spikes and holds for the rest of month 4th shipment will be significantly less than 3rd which market generally doesn't like.

    It's a shame that potential SP rebound has been squashed with lowering Nickel prices. Not great timing but hopefully just short term hurt.

    There seems to be alot of uncertainty in the market, ASX is watching and reacting off US market which is currently seeing volatility.

    Fear and greed index is a interesting tool for those that haven't seen it.

    https://edition.cnn.com/markets/fear-and-greed

    On a brighter note - It could be worse smile.png

    https://hotcopper.com.au/data/attachments/4349/4349764-68c9440b3fb57581ac90cbc450259657.jpg

    Last edited by michaelhaley: 17/05/22
 
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