GBZ 0.00% 0.7¢ gbm resources limited

Ann: Loyalty Option Issue to Shareholders, page-16

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  1. 6,333 Posts.
    lightbulb Created with Sketch. 1776
    To think that these miners are trading at such a low valuation on 2500 Gold price is incredible.
    Market chasing ESG dreams i guess, who has time for Gold.

    Big Picture, Gold AUD has been in a 12 month period where it is yet to break above 2500 on a monthly close.
    Perhaps that is what is required to get the ball moving. 2500 break, will take us back to 2800 level.

    Overall AUD Gold looks bullish for LT investors.


    https://hotcopper.com.au/data/attachments/3922/3922308-9fb6299035c09b8d24838e5e3574f186.jpg


    My outlier AUDUSD Chart remains in a massive downtrend, unless we break above 200m, there remains the risk of 50c.
    Perhaps China/ Taiwan and cutting ties, or China economy blowing up etc. AUD has risks, so Gold is a great hedge for most.
    If AUD breaks up, then its risk on and we perform. Either way, AUD Gold is gonna be a good place to be.

    Lets hope GBZ monetizes it.

    https://hotcopper.com.au/data/attachments/3922/3922332-eee891a61d44a866dd8cafb4c0069e46.jpg

 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $8.096M
Open High Low Value Volume
0.8¢ 0.8¢ 0.7¢ $93.01K 12.68M

Buyers (Bids)

No. Vol. Price($)
7 3625000 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2794078 4
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Last trade - 15.43pm 18/11/2024 (20 minute delay) ?
GBZ (ASX) Chart
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