It’s clear the gold price has no effect on this stock so even if gold falls to $1700usd I doubt we will see much more of a drop. It wasn’t long ago we had huge records of $2060usd gold and we were at mid 5c lol.
Imo it’s the economic fear, poor performing asx, increasing cost of living pressures and tax sell time all accumulating to cause the drop we are seeing. If you can get in at low 4c or high 3c you will be laughing in the future imo.
Ann: Ausgold moves to a Larger 5Mtpa Gold Operation at KGP, page-38
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $178.1M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.5¢ | $461.7K | 908.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5733 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AUC (ASX) Chart |