Spot volume is very small, majority are sold at contract price which is still very very high.
The spot price is just catching up China Futures price which is priced in exaggerated pessimistic outlook, the Futures price dropped under CNY200k, I think the price will bounce hard next month, at least 100% from the bottom.
General Discussion Banter GLN, page-11476
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $752.8K | 5.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 874807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 36900 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |