Yep not too much of an impact if the AUD keeps dropping as well. Generating cashflow will allow CAI to get through the worst of this phase and after a bit more of a dip I am hoping it comes roaring back. Hedge funds will be selling there gold to cover margin calls but once thats flushed through the market then the POG will also start to gain as well. As a store of wealth its where ot shines. Its price doubled during the 2009 meltdown after an initial sell off so its a strong chance to do the same again.
CAI - General Chat, page-7
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.53M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.3¢ | $53.56K | 516.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 3322102 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 497093 | 8 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| CAI (ASX) Chart |