japar - i don't think it really mattered in regards to this response. What i was saying was he previously didn't care if the costs ended up being $900 rather than $600. As far as this specific investment goes, obviously valuations and prices would be based on an expected $600. A rise to $900 in cash costs regardless of price of gold still allowing the company to make a profit still means that valuation and price buyers would be willing to pay would drop. In the end he/she would lose money on their position, assuming of course they bought in the day before. Then again even if you bought in at 1cent, a drop from 8c to 6c on revised costs would still be a 2c loss in substance.
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Last
81.0¢ |
Change
-0.020(2.41%) |
Mkt cap ! $73.17M |
Open | High | Low | Value | Volume |
81.0¢ | 82.0¢ | 80.0¢ | $15.68K | 19.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31358 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 3411 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3200 | 0.805 |
3 | 31358 | 0.800 |
2 | 6700 | 0.795 |
1 | 12500 | 0.790 |
1 | 9912 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 6611 | 2 |
0.820 | 12849 | 2 |
0.840 | 25848 | 1 |
0.860 | 5058 | 1 |
0.900 | 2494 | 1 |
Last trade - 15.45pm 05/08/2024 (20 minute delay) ? |
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MYG (ASX) Chart |