PRU shareprice has been strong given gold price has fallen from $1125 to sub $1100 in recent days.
I think there is disguised price strength in Perseus.
This will be born out if gold pushes back through $1100 to $1125/ounce and beyond or Perseus release an update or more good news (such as further good drill results or environmental planning approval for Ayanfuri) .
Am reading a lot more articles by commentators suggesting gold price has a lot further to run with faling value of $US and rising interest rates in most economies. Even commentators on the Australian property market are suggesting buy physical gold.
redbacks mkt cap went over 5 bill last nite , page-10
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Last
$2.59 |
Change
0.040(1.57%) |
Mkt cap ! $3.564B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.64 | $2.58 | $12.41M | 4.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3000 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 13236 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PRU (ASX) Chart |