Acca,
Not surprised. POG gone from AUD1345 on 1 Jan to AUD1445 today.
Multiply AUD100 x 10M oz resource and you have a major reason for the SP to move up.
Imagine if gold goes to AUD1545. With all of the doubt about paper gold, bullion will be king.
AUD weakening, POG increasing = PRU SP moving up. Time will tell how much.
Not investment advice just my opinion.
Have a great Australia Day weekend all.
Miki
outstanding value, page-20
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Last
$2.35 |
Change
0.020(0.86%) |
Mkt cap ! $3.234B | |||
| Open | High | Low | Value | Volume |
| $2.37 | $2.37 | $2.31 | $19.04M | 8.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 136761 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.36 | 89055 | 2 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| PRU (ASX) Chart |