" he told me of the conversation that he had with a fund manager not so long ago, who told him that gold shares were good for one thing and one thing only. Shorting on strength."
maybe more to the story :
Sounds like a fund buying into placements then lending the shares out to shorters on margin for a guaranteed return to the fund , as be impossible to make money naked shorting on strengthining POG
" he told me of the conversation that he had with a fund manager...
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Last
$2.30 |
Change
0.070(3.14%) |
Mkt cap ! $2.640B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.30 | $2.24 | $19.11M | 8.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70624 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 181763 | 16 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |