@GARETH78
One other interesting point - spot carb / futures pricing is now sub $10k USD.
Which from memory means prices are now lower than even the most bearish forecast (Goldman predicted $11k USD).
Doesnt mean prices have to reverse course, but it has to provide at least some guidance as to where we are on the cycle (potentially at the very very irrational bottom - which is the mirror of the very very irrational top when no one could understand $8kt SC6 - a price which only ended up being touched very briefly before reversal).
@GARETH78One other interesting point - spot carb / futures...
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Last
16.0¢ |
Change
-0.020(11.1%) |
Mkt cap ! $447.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 16.0¢ | $4.686M | 27.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2472953 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1202344 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |