Ronzo I agree it’s going to be interesting. I think there’s plenty of liquidity and I think the key driver will be small cap managers,including momentum traders..
I also think as long as the tin price keeps rising all the other things will be noise. As I mentioned on previous chats, the correlation to the Tin price has historically been quite strong the only time it wasn’t during the year of big capex . WB provided some good analysis .
I believe that correlation should be very strong going forward as the increasing price flows directly to cash flow and the bottom line specifically given there is no tax to pay
Ronzo I agree it’s going to be interesting. I think there’s...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $367.0M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $267.8K | 669.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 571790 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 229399 | 7 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |