Yes, 40c or 50c would be good, but note the language. "Should be" not in their opinion "will be"
MYG shouldn't be 8.5c now, but it is. If I recall, Proactive Investors said they should have been 20c by last Christmas, but that didn't happen.
Given the complete beat up of the Gold sector at present, I don't see how the MYG SP can be immune. However, as I stated in my previous article, I believe the longer term outlook is tremendous. In addition, you never know what is round the immediate corner. We must be getting closer to a major rally in Gold and Gold shares, but when, who knows?
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 (20min delay)
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Last
$1.20 |
Change
0.075(6.67%) |
Mkt cap ! $111.9M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.20 | $29.89K | 24.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 413 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 2000 | 1 |
View Market Depth
| Last trade - 15.47pm 31/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |