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490 Posts.
3
21/06/13
18:06
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Thanks angers. I didn't know today was ASX rebalance day.
nickyjames - I have been sitting on the sidelines for quite a while and have held shares in this company previously.
SP was at 85c only two trading days ago. Price of gold then and now has dropped about 5% (recovering already), the SP has dropped 20% in 2 days.
SP was at $3 at the beginning of the year. Price of gold then to price of gold now has dropped roughly 22%. SP has dropped 77%.
IF it is all dependent on the price of gold alone, then all gold related companies should be in the same boat, right?
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