Gold stocks generally all crashed today, EVN more so than NST. I think a lesson to be learned with NST and gold is to take zero notice of all the people that ramp up NST and forecast a steep rise in the POG. It's just not happening and NST's SP seems destined to languish under $10 for a long time. I cursed myself last year for selling some NST at $12.50, then cursed myself even more for not selling at $17. As a 10 year holder, I am probably doing quite well out of dividends given the price I originally paid, but this is no compensation for the pummelling that the SP is taking now. Gold seems to have lost its attraction as a hedge against market crashes and other negative financial events - at least, gold producers have declined in the face of a fairly reasonable POG. This is a very disappointing day.
Mis-priced Stock, page-315
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Last
$14.08 |
Change
0.200(1.44%) |
Mkt cap ! $16.18B | |||
| Open | High | Low | Value | Volume |
| $13.97 | $14.25 | $13.82 | $65.72M | 4.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65564 | $14.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.10 | 601 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |