Markets are cyclical. Today, stocks trade at record high valuations while commodities are historically undervalued in relation. The setup is in place for a macro pivot in the relative performance of these two asset classes. Comparable conditions were present with the 1972 Nifty Fifty and 2000 Dotcom bubbles as shown in the chart below.
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NXM
nexus minerals limited
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7.4¢

Markets are cyclical. Today, stocks trade at record high...
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Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.67M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.2¢ | $55.62K | 752.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 86923 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 86923 | 0.074 |
1 | 20276 | 0.072 |
2 | 127571 | 0.071 |
1 | 20000 | 0.070 |
1 | 40000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 90000 | 1 |
0.080 | 70000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.086 | 12000 | 1 |
Last trade - 15.59pm 24/06/2025 (20 minute delay) ? |
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NXM (ASX) Chart |