But what is annoying that a lot of these goldies hedge on the way up and nothing on the way down until it start threatening their business just before gold price spikes! A lot of people are now talking like if gold will drop back to US$1,100 or less. Frankly I don't know but if people think that it will continue falling.
I think right now would be prudent for some of the companies that don't have good hedges in place to secure themselves. After all the price is still very high and a lot should be making amazing margins at these prices.
This is only in my opinion, not offered or to be taken as financial advice. Not recommendation. Do your own research.
Is RSG Over Sold ?, page-246
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Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $915.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.3¢ | 42.3¢ | $8.553M | 19.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 300246 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 50870 | 3 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |