The CEO and board of this company have shown how badly they have misread the market of Gold.
One has to question their wisdom and competency for selling just before a gold bull run.
It is indefensible for not closing down the hedges LY.
Their actions have kneecapped the share price of this limp dick stock even a mega strong gold price hasn’t been able to raise (give them blue pills).
VAU has been underperforming its peers and share price should be now in the vicinity 60 to 70c, and much closer to $1. The performance is embarrassing with price of gold now heading to $5k Australian
Hopefully today is the ‘green’ day it will happen with another record gold price on Wall Street. Has this thing got a pulse. Ffs
Maybe the cheerleaders like you are forgiving lot, but I am an not.
VAU Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
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