oh definitely more upside. thats why the rio and bhp prices arent being marked-to-market the way others are
this is actually the only time to really consider buying mineral companies if you expect a normal commodity cycle in my view.
the challenge is that commodities are going down before general market.
which suggests to me that there's probably at least one more capitulation move for rio and bhp when the overall share market corrects- even though the underlying commodity basket generally may be reaching its low point -
iron ore is different though - there's still massive new supply coming on all this year. so given its clearly still a buyers market - Id have to think iron ore has further to fall
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Share price on end of buyback, page-17
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Last
$121.11 |
Change
1.480(1.24%) |
Mkt cap ! $44.95B |
Open | High | Low | Value | Volume |
$119.31 | $121.35 | $118.98 | $126.4M | 1.047M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 211 | $121.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$121.12 | 833 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2671 | 121.050 |
2 | 8662 | 121.030 |
2 | 186 | 121.000 |
2 | 2322 | 120.930 |
1 | 6292 | 120.900 |
Price($) | Vol. | No. |
---|---|---|
121.190 | 171 | 1 |
121.200 | 3097 | 1 |
121.300 | 5991 | 5 |
121.370 | 1287 | 1 |
121.380 | 45 | 1 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
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TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
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