Platinum shares

[fng]

Any ideas as to why all the plat. mining shares are down, when the platinum price has had a good boost today, and the rand has weakened ever so slightly today???

[SimonPB]

because there is not a linear relationship between share price and rand/plat price .. same with gold stocks and rand/gold .. sasol and rand/oil etc ..

[#3]

hi simon can you explain a bit more? thanx dummie

[SimonPB]

well that in the short term share prices are driven by demand/supply/emotion .. in the longer term the underlying price of rand/plat will drive the process .. but in the shorter term all sorts of things can be getting in the way .. chart rand/plat price overlaid on a plat stock and you'll see what I mean ..