In January, 2019, the price of gold was around US$1,300/oz and the OGC share price was in the order of A$4.60. Today, gold is in the region of US$1,900 and OGC shares have fallen by more than half to around A$2.20. I fail to see how the price of gold has had anything to do with OGC's market value, or that higher gold prices are likely to be the key to a price recovery.
- Forums
- ASX - By Stock
- OGC
- Coming off the Bottom
Coming off the Bottom, page-9
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)