Usually they go long gold price and short Gold shares as a hedge. Gold shares will lag but these are usually gold majors/producers.
Given the 10m volume today my bet is that some news has leaked.
theres gotta be some this week, page-43
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Last
77.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.43M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 77.0¢ | $7.928K | 10.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10780 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.31pm 11/09/2024 (20 minute delay) ? |
| MYG (ASX) Chart |