RE: Ref: Glen23 Jan 2020 12:25
Scoop its a tough one to call as you well know and Sage is right about copper but KAZ and Glen do seem to run with one another.
From 9th October KAZ has made a 25.89% gain to today's price of 492 as i type,GLEN has only made 4.036% now at 232 however GLEN lost 5.64% on 5th December when the SFO was announced which didn't affect KAZ at all.
So if you take that sudden SFO impact on GLEN out of the equation GLEN should be trading at 249.7 which is a gain of 8.35% from the 9th October, so based on the ratio of KAZ 25.89% and GLEN 8.35% Kaz has outpaced GLEN by 3.1 times in this period as copper has risen.
So at the end of the day Scoop the choice is yours, im just quoting the statistics from the charts.