Price of gold, Eric is saying CDA share price is closely linked to the price of gold since it's major revenue source are metal detectors, most of which supposedly used for gold exploration.
Whilst I agree with Eric to a degree, I wouldn't be underestimating the future performance of their communications sector, which definitely would not be linked directly to the POG.
Ann: Trading Update, page-50
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Last
$12.04 |
Change
0.010(0.08%) |
Mkt cap ! $2.183B | |||
| Open | High | Low | Value | Volume |
| $11.95 | $12.04 | $11.83 | $3.272M | 273.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 592 | $11.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.04 | 166 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CDA (ASX) Chart |