That carry trade debacle has been used to it's full effect on most stocks IMO.
Nothing like a bit of fear driven shorting to get the ball rolling downhill, along with the recent CR and subsequent disgust in management, it was a perfect storm for buyers.
Your point is right, fair amount of de-risking has been done, and the high grade gold is still mostly in the ground ready to come out.
Im close to a "buy" & "hold"
Ann: Successful completion of A$150M placement, page-177
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Last
$1.31 |
Change
0.040(3.16%) |
Mkt cap ! $1.619B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.30 | $706.4K | 540.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 6325 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 21678 | 8 |
View Market Depth
| Last trade - 10.09am 19/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |