While the POG action on the last trading day of the week was positive, until the US$ POG has 2100 as firm support, there's no strong bull case for gold equities. and the GDXJ remains bearish.
RED closing at 31c seems to imply that it's still "in play" but I believe it when I see a real better alternative then the current proposed merger.
Till then - HOLD - and hope the POG remains firm and the market doesn't have a nervous breakdown.
Ann: Half year financial results, page-17
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Last
38.5¢ |
Change
-0.025(6.10%) |
Mkt cap ! $2.618B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 37.5¢ | $19.58M | 51.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1454301 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 769187 | 6 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |