Figures coming out of China indicate their economy is cooling somewhat. There's a micro-debt crisis coming on the back of a recent unprecedented property bubble there (the first of many to come I might add) so this is putting downward pressure on commodities.
The $AUD has softened with this news as well but we'll need some more indicators to see the longer term picture.
BTR needs the licence issue sorted + another good drill result and it'll be back to $1.70+, anything short of that and, well - the air will just continue to slowly leak from it.
Realistically, for now there's no need to panic.
Figures coming out of China indicate their economy is cooling...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.27M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $31.16K | 1.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 6145951 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 5454017 | 16 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BTR (ASX) Chart |