A bit of panic earlier this week. I think the SP will steady from here and move higher sometime this year. As DR has mentioned in previous presentations, there is no rhyme or reason when the rerate occurs. Sometimes it’s on finalisation of project funding, when construction begins, during construction, on first gold pour or on ramp up. All I know is that it’s going to happen during the next 12-15 months.
Similarly, I think the gold price will rerate sometime this year too. Although nominal yields have increased, expected real yields have decreased and the price of gold should catch up. I’m also hoping that iron prices will reduce in the second half of this year bringing the AUD down with it to add the icing on the cake.
GLTAH
- Forums
- ASX - By Stock
- CAI
- painful to watch.
painful to watch., page-24
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAI (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.53M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $42.03K | 398.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 1631596 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 463235 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 1614396 | 0.105 |
31 | 2101200 | 0.100 |
3 | 64000 | 0.096 |
3 | 625000 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 463235 | 12 |
0.115 | 537941 | 4 |
0.120 | 570987 | 10 |
0.125 | 627823 | 8 |
0.130 | 618243 | 9 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
CAI (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online