you don't know the true demand as it has been said before that demand has been contrained due to limited number of suppliers. The world want more than one large supplier and WA1 will alleviate those concerns.
"the most likely scenario is that supply will outstrip demand resulting in reduced prices. Simple market dynamics really."
Your saying that you know what the demand for ferroniobium will be in 2030 and beyond yet you didn't even know what the demand for WA1 shares would be beyond 2023 when you sold at $6.
You were pumping the stock when you held and now downramping when your not a holder.
CBMM is increasing capacity to produce and are welcoming of another major player to the market.
Thanks for your concern but it's an easy hold for me.
you don't know the true demand as it has been said before that...
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Last
$16.74 |
Change
-0.390(2.28%) |
Mkt cap ! $1.085B | |||
| Open | High | Low | Value | Volume |
| $17.08 | $17.31 | $16.72 | $2.602M | 152.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 941 | $16.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.97 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |