I think this is old news there has never been enough Gold to cover all the Gold ETF's, the multiples are crazy from what I've read.
Owners of ETF's will only get paid paper $$$ never real Gold unless specified in their contract (Maybe only the Perth Mint and such will promise that)
A good analogy I read was for you to loan the value of your house out to 100 different people to speculate on.
Ultimately only one can claim it, the rest will just get the cash from the broker/lender
Just another financial magic trick making something from nothing ;)
- Forums
- ASX - By Stock
- RED
- red
red, page-31
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B |
Open | High | Low | Value | Volume |
37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1862724 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 2312588 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 84542 | 0.360 |
17 | 576790 | 0.355 |
33 | 1675872 | 0.350 |
17 | 1054440 | 0.345 |
10 | 457066 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 255012 | 3 |
0.375 | 166314 | 2 |
0.380 | 368323 | 9 |
0.385 | 440469 | 4 |
0.390 | 334266 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online