6.6 is the recent support level. If it doesn't hold next week, then 5's are definitely on the cards. Every couple of weeks it tries to reverse the down trend..... but there is a lot of negative sentiment in the gold sector at present, especially since Trump was elected.
If they need to raise cash then they are in a very tricky bind as the POG doesn't have any short term support at all right now.... so some heavy SH dilution is likely if a cap raise is done.
mount Bundy, page-22
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Last
14.5¢ |
Change
0.025(20.8%) |
Mkt cap ! $11.78M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $20.04K | 142.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 66283 | 2 |
View Market Depth
| Last trade - 13.53pm 10/07/2024 (20 minute delay) ? |
| PGO (ASX) Chart |