You may just have managed to pick the bottom. Good work.
Best of luck with your new share.
BTW my assessment of what happened with that sell-off was that there was a single or few momentary trades where the Cu price registered at $2.50/lb. Who knows if it was a fat-finger error of what? It was enough to stampede the jittery. The Cu price went back up to the $3.50 or so range well within a day.
I do have a suspicion of what caused the panic. Apparently, someone stole quite a bit of copper from one of the Warehouses. A similar thing happened in Ni earlier in the year when they discovered bags of rocks where they should have been bags of nickel.
Anyway, there is a very old stock market saying "In times crisis, shares pass from weak hands to strong". At my old work, they used to call me "The Guru" because I kept repeating aphorisms like that. Probably a tongue-in-cheek internal joke but I didn't mind it meant my head was in the game.
All IMVHO
PS: You guys know my recent one "Old dogs for a hard road".
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Last
25.0¢ |
Change
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Mkt cap ! $191.9M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.0¢ | $228.4K | 898.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 617873 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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25.5¢ | 150163 | 4 |
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5 | 514373 | 0.250 |
5 | 167000 | 0.245 |
6 | 153811 | 0.240 |
1 | 150000 | 0.235 |
4 | 167692 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 144700 | 3 |
0.260 | 134200 | 3 |
0.265 | 75000 | 1 |
0.275 | 7843 | 1 |
0.280 | 15728 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Change
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Open | High | Low | Volume | ||
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Last updated 11.15am 14/06/2024 ? |
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