Tough day at the office for shorters when they have to sell into massive metal price rises in the hope the price crashes to rebuy. I suspect they are just throwing away their ammunition and when the next piece of positive news is announced it will smack them hard.
Morningstar Quantitative has upgraded price fair value to $3.3, from low $2. I know this is pretty rubbery, but it gives a mode for the positive momentum.
CHN chart, page-8000
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 (20min delay)
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $509.5M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.38 | $1.31 | $4.246M | 3.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 115841 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 37678 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |