It's not the market waking up to HCH. The macro has changed in the last few days since the US CPI print of 3%. The market now betting inflation is under control, lower terminal rates and no hard landing.
As i've said before fundamentals only matter when the market is ready for them to matter. Capital flows in the end count most and they are now flowing into commodities..
HCH Chart, page-1559
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Last
97.0¢ |
Change
-0.040(3.96%) |
Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.03 | 97.0¢ | $84.98K | 84.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6030 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 11000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |