"Gold price $2300aud to $2500aud"
I think your gold price is a bit low you could probably hedge for around A$2900
If so that would make your $500 margin becomes twice as high at $1000 an oz so your " generous 1.2 market cap" would be $2.4B
Consevative price target 75 cents to $1.04 approx, page-2
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Last
$1.94 |
Change
-0.058(2.88%) |
Mkt cap ! $2.222B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.97 | $1.93 | $1.822M | 937.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 110554 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 48065 | 21 |
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| Last trade - 12.29pm 19/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |