Sure, copper ATH, copper on an uptrend. And Oz Minerlas (pure copper play) drops from $27.09 in May to $21.71 now, Sandfire does a capital raising 17% below price of the day and has immediate equivalent drop, most other copper players so down, down, down, they feel like they're owned by Coles.
Notwithstanding the whole market nightmare of the last few weeks, why are the copper players going against the price trend?
When the boat settles after the storm (Feb? when China restarts manufacturing after the winter Olympics and stops caring about creating the impression they don't have air pollution?), will shares follow prices then, or still be on their current 6 month downward trend?
Sure, copper ATH, copper on an uptrend. And Oz Minerlas (pure...
Add COPPER (LME) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.71 |
Change
0.000(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| $2.71 | $0.00 | $0.00 |
| COPPER (LME) Chart |
Day chart unavailable