I'm not concerned with recent LME increases as forged has demonstrated with his charts, the downward trend still remains very much in place and to quote a friend of mine,
"it's better to have all the hidden inventory added to the LME so as we all know were we stand in terms of true inventory levels"
Also all the banks and analyst are upgrading or maintaining there 2015 and beyond price assumptions including BNP Paribas
http://www.metal.com/newscontent/59084_natixis-metals-review-2014-h1
http://www.kitco.com/news/2014-04-01/KitcoNewsMarketNuggets-April-01.html
I'm not concerned with recent LME increases as forged has...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.375M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.833K | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2117531 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5429982 | 9 |
View Market Depth
| Last trade - 15.05pm 21/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |