I am not concerned at all.
It was a deliberate strategic move in order to secure bigger near term profits, punting on the price of gold. Now; lets analyze this everyone!
Gold producer = Industry hawk. They know what there is to know.
Exit prepay = POG is higher - but RED5 isn't skeptical.
Punt = They know something about the Gold industry that is making them confident to pay 4mil exit.
Conclusion = They are taking a strategic punt to secure more near term profits on data that has obviously been analyzed and concluded that POG is going to remain well above 1300/oz.
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $2.891B |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 41.5¢ | $11.42M | 26.92M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 222136 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 1437793 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 94792 | 0.420 |
18 | 954636 | 0.415 |
18 | 885189 | 0.410 |
9 | 346586 | 0.405 |
14 | 410198 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 300000 | 3 |
0.430 | 1162644 | 11 |
0.435 | 764543 | 14 |
0.440 | 779256 | 23 |
0.445 | 1116262 | 11 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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