S32 0.00% $3.62 south32 limited

It's the rapid fall in Aluminium price that has really dragged...

  1. 555 Posts.
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    It's the rapid fall in Aluminium price that has really dragged the S32 SP down with it. Hard to understand how market conditions have changed so rapidly whereby there was not enough copper, aluminium, nickel, etc. being produced to supply the surging demand from the green revolution, to where we are now - in a month! Goes to show how much froth existed and how quickly the market also 'over-reacts' - what is interesting to see is all those analysts who were spruiking huge valuations on mining companies and now just as quickly downgrading the same stocks - they are so full of shit!
 
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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