Lurra,
Are you (and Joe) not acknowledging the roughly 35% rise over the last 3 months, to say USD 1,200? (accepting for a moment the Chinese managed & Platts type indexes)
But you (and Joe) are waiting for 'real price action', approaching the auction prices (USD 1, 350 odd, FOB Australian port).
It still amazes me that in one quarter, we have had this spod price gain, all of which flows beautifully to the profit line in USD, yet LTR, and more amazingly PLS, have shown mere pissant share price gains.
I get they are both under short attack, but that must mean it is not company specific attack, but rather short term spod price attack.
I simply cannot see that working out well for shorters of either stock.
Lurra,Are you (and Joe) not acknowledging the roughly 35% rise...
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Last
89.5¢ |
Change
-0.020(2.19%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 92.0¢ | 89.5¢ | $2.394M | 2.646M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 286651 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 164209 | 9 |
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| Last trade - 10.31am 08/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |