Yep...should be a good year for gold...especially given the recent apparent un-coupling of the AUD$/Gold relationship.
I can't quite understand the rubbish being posted here about the placement...for gods sake, it was only 18M shares out of a total diluted base of 180m...and is generally very possitive for the company.
As I type, 23c has been hit...when adjusted for the placement, this approximates 24c...so if it closes at this level, it is effectively a new high and a buy signal.
Get over it people, buy some shares and make some money!
And the pattern continues...
1...Buying frenzy and large rise in price on the back of possitive announcement. (High volumes)
2...Profit taking and small fall in price. (low volumes)
3...Buying frenzy and large rises on the back of possitive announcement. (High volumes)
4...Profit taking and small fall in price. (low volumes)
5...
I think some people are a little slow on the uptake.
Cheers!
LEG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)