Van Eck did not sell down either RSG or RMS in the past days, not even SAR from 4 days ago. This sell-off still remains a puzzle to most of us retailers. It must be some big funds doing this. Overnight US POG held up quite well but GDXJ was sold down 3.5%. It's reported that put option on GDXJ soared 1200% on Thurday. So to me the take is some funds are taking down small goldies international wide. If we can work out who are the common major holders on oz sme goldies apart from Van Eck, we may have a better picture what's going on here. Maybe @nordesmic can shed some light on this?
Gold touches $1700AU an ounce, page-88
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Last
73.5¢ |
Change
0.020(2.80%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 74.0¢ | 72.0¢ | $6.861M | 9.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 466482 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 314277 | 13 |
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| RSG (ASX) Chart |