CTM 2.38% 43.0¢ centaurus metals limited

Trading day running commentary, page-3455

  1. 5,299 Posts.
    lightbulb Created with Sketch. 2260
    Some good may come out of the Nickel market implosion from March. It seems like market contributors are wanting a Nickel Sulphate market specifically for the battery segment of the nickel market.

    https://www.spglobal.com/commodityinsights/en/market-insights/blogs/metals/062822-china-nickel-sulfate-lme-pricing-mechanisms

    Interesting that the premium of Nickel Sulphate over the LME pricing seems well over the 6.25% or USD0.50/lb (I think) which was assumed in the SS. Looks around 20%-28% premium to me, both pre and post the short squeeze.

    https://hotcopper.com.au/data/attachments/4488/4488341-e9f684c1ffa49f1b028334a62c64c17b.jpg
 
watchlist Created with Sketch. Add CTM (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.010(2.38%)
Mkt cap ! $213.3M
Open High Low Value Volume
42.5¢ 45.0¢ 42.5¢ $1.171M 2.721M

Buyers (Bids)

No. Vol. Price($)
1 5699 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 51840 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.