Maybe the goldie / goldies that rely almost entirely on gold production and are valued at massive multiples of earnings?
Maybe the goldie that has significant base metals production would be more insulated against movements in the gold price? The goldie that hasn't doubled in price in the first place due to a rising gold price maybe has less downside from a reversal in prices?
Ann: AMI Investor Presentation July 2019, page-9
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $262.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $6.154K | 40.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1209472 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1079684 | 28 |
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| AMI (ASX) Chart |