Management of producing gold companies prefer to keep the money in house its one of the reasons the XGD is so flaky and a bit of a joke really
Management teams prefer to keep themselves in a job by drill drill drill (justifies their massive pay packets )
It also keeps plenty in the kitty to secure the massive wages they pay themselves plus all the free shares they award to themselves
New entrants into the share market i have on good authority consider Gold companies a bit of an old relic not to be taken seriously any more
Sure they have a bit of a run on the gold price every now and then but much better modern opportunities out there is what i am told by brokers (a bit of a laugh and a giggle really)
The old days are just that the old days
gltah
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Last
$1.43 |
Change
0.020(1.42%) |
Mkt cap ! $1.464B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.44 | $1.39 | $6.334M | 4.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16804 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 24337 | 7 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |