well it is all setting up that way. Gold can also be re valued at anytime. All depends on your buy price for your shares.
Buying at these levels after a 50% drop speaks to a lot less downside compared to paying $3.50 for shares.
the money is made in between when you are not waiting to just break even again.
not to say EVN can’t go lower it’s just my personal position to try and make some money.
Gold could also be revalued at anytime if the world loses confidence in the US currency.
Gold has more upside than downside currently.
Ann: September 2022 Quarterly Report, page-97
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Last
$4.87 |
Change
-0.010(0.20%) |
Mkt cap ! $9.687B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.91 | $4.74 | $28.16M | 5.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 75094 | $4.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.88 | 8382 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |