Maybe because the P.O.G. is moved by big insto's, hedge funds & Central Banks looking for hard physical assetts, dependable reserves which are easily converted to cash in volatile currency markets.
Individual smaller Gold stock producers +/or explorers seen as being too risky.
Big gold producers (NCM) keep hold of their profits and reinvest in new projects or expensive take overs of juniors.
PRU to me is a long term growth stock with a potential T/O in the future 6-12 months, it will always drop more than it rises with a + or - in the daily gold price.
I try to have a core LT holding and range trade 30% of my total holding
pog increasing , sp falling, page-4
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.44 |
Change
-0.010(0.41%) |
Mkt cap ! $3.357B | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.50 | $2.44 | $9.841M | 4.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 106498 | $2.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 51717 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PRU (ASX) Chart |