Here’s a reminder of why we are investors
courtesy of Fat tail.Now, this market has a lot of short-term noise, giving you every reason to feel pessimistic about the outlook for commodities… China’s growth statistics, global recession fears, and traders and institutional investors’ unwinding positions.
Every inch of the market has been measured, analysed, and scrutinised verbatim… Sentiment switches from bullish to bearish in a matter of hours.
Reacting to this obsessive news flow will leave you tired, confused, and fed up.
Be aware of it, but don’t let it drive your investment decisions.Instead, focus on the commodity cycle… This is where real wealth can be made.
I’ve experienced all the up-and-down phases of this cycle, from boom to bust.
dyor .
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Last
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $213.0M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.1¢ | $556.3K | 5.826M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 83500 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 2307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 83500 | 0.092 |
1 | 50000 | 0.091 |
6 | 214181 | 0.090 |
1 | 11240 | 0.089 |
4 | 242501 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 2307 | 1 |
0.096 | 100000 | 1 |
0.097 | 70000 | 1 |
0.098 | 57894 | 1 |
0.100 | 85000 | 3 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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MEI (ASX) Chart |