I think it's the rally in resources stocks in general, IOP also lingering nicely above US$ 100 / a tonne
Does it increase the chances of financing?
I also notice the likes of RIO, BHP and FMG doing pretty well, MIN had quite a retrace, seems to have found support
Lastly I've been looking into these resources index as a whole and the S&P ASX 200 Resources Index (XJR) has outperformed the ASX 200 index since around 2016, even through the Covid crash. This followed the underperformance after the last commodity boom and crash post GFC.
Supercycle is here?
Green line = ASX 200 ETF (STW) , Blue = ASX Resources ETF (OZR)
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $23.37M |
Open | High | Low | Value | Volume |
2.1¢ | 2.3¢ | 2.1¢ | $6.407K | 293.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47619 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 407163 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47619 | 0.021 |
11 | 526524 | 0.020 |
6 | 2467103 | 0.019 |
3 | 2837777 | 0.018 |
2 | 208823 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 407163 | 4 |
0.024 | 854999 | 3 |
0.025 | 232440 | 3 |
0.027 | 195000 | 3 |
0.028 | 38230 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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HIO (ASX) Chart |