$70 big deal that is $28 in Newcrest money and NCM got to $38 when gold was more than $1000/oz less. So you are all excited that if gold continues to rise we might get back to within $10/share of what e were in 2020. Sorry if I don't share your NEM worship.
And in answer to your Q. the issue is liquidity.
Ann: Statement of CDIs on issue - NEM, page-4
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Last
$76.82 |
Change
-0.070(0.09%) |
Mkt cap ! $10.46B | |||
| Open | High | Low | Value | Volume |
| $76.72 | $76.89 | $76.41 | $19.09M | 249.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $76.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $76.89 | 858 | 2 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| NEM (ASX) Chart |