To state the obvious, the price of tin doesn't mean anything much at the moment.
ST traders (i.e., the only people who make an iota of difference to the SP, because we have nil institutional interest) won't buy SRZ so long as TC remains able to continue dumping at 2.3c. And TC can't continue dumping until more liquidity arrives to soak it up. Mexican standoff!! Consequently, the tin price is printing daily highs on the reg, whereas SRZ SP remains 30% below where it was three-months ago and volumes have shrunk by 80% from their daily avg
All of this is 100% attributable to the irresponsible manner in which the previous several CRs have been undertaken. The trading community knows whats been going on here
wow wow wow wow wow wow wow wow, page-18
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $33.27M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $93.53K | 5.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1634015 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 80968 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SRZ (ASX) Chart |