Yes entirely possible. A high PE stock with an underlying commodity exposure is more sustainable than an industry based on market share. I suspect like any highly valued stock we have seen this quarter, a p/l report that disappoint will see instantly a big haircut.
Before we go fantasizing on $2000 oz we need to get over 1400 then 1500 first.
If gold hits US$2000...., page-10
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Last
$14.36 |
Change
-0.090(0.62%) |
Mkt cap ! $16.50B | |||
| Open | High | Low | Value | Volume |
| $14.48 | $14.64 | $14.36 | $40.37M | 2.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30903 | $14.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.38 | 375 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$14.42 |
Change
-0.090 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $14.52 | $14.62 | $14.39 | 313034 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| NST (ASX) Chart |