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2.7¢ goldoz limited

Perspective on quality distribution for October auction, page-28

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Hittman

2,833 Posts.

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30/10/17

17:36

Post #: 28322976
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Originally posted by MRobAcc ↑

Yeah after doing my best to scan the pics (not the most thorough process admittedly), I dont think they brought as much of the commercial stuff as you initially estimated, which is looking to be a big bonus.

I do think the only issue is the size of the stones but the balance will be found in the avg quality being higher.

You might be pretty close with the $124 call, but the trade off might be a clearance drop if there is buyer exhaustion at those lower levels.

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Pretty sure there would have been some adjustment to the reserve pricing if the bids were all coming in lower than original reserve range.

Clearance could still be ok but at a lower average, swings and roundabouts really.

MUS Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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