Copper News, page-5

hey mate - ipo was 5c , in less than two weeks it got to 16c.

13.5c is 270% gain.

I wouldn’t have described the stock as struggling and daily movements - that’s very challenging to attribute macro trends to micro cap stocks on a daily basis.

this companies market cap means one investor selling $50-$100k could swing it up or down 2-3c on any given day. That movement could be completely uncorrelated to the thatsdaily movement of copper etc.

I think it’s best to look at trends that extend beyond daily price movements. Otherwise I think you’ll find it not making much sense if you think a 20ml small cap stock is completely tethered to copper price on a daily basis etc.

thats just my view.

FMG tracks iron ore price fairly well - but it’s a bit different at this end of the market.