this is very interesting.
seems to imply that the fall may not have been irrational.
looking at the palladium chart, this looks like a consolidation in a 5y rise. it seems to have some support somewhere around here.
the mre will add a lot of data to this analysis. also, if pd starts moving to the upside while the mre solidifies the assumptions ... and perhaps beats expectations ... it would add a lot of fuel. obviously less rosy if these two turn weaker.
it feels like this thing is set to hi sensitivity with the gain turned to 11. it's still clearly a jumpy spec share even at 2bn+ market cap.
at least this picture offers data points to watch.
Macquarie valuations, page-3
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Last
$1.73 |
Change
0.045(2.68%) |
Mkt cap ! $670.9M | |||
| Open | High | Low | Value | Volume |
| $1.72 | $1.76 | $1.69 | $4.782M | 2.759M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$1.72 |
Change
0.045 ( 2.47 %) |
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| Open | High | Low | Volume | ||
| $1.73 | $1.76 | $1.70 | 633108 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| CHN (ASX) Chart |