No-one knows what the price of gold is doing in uncertain times- it did go down by $130AU recently.
The purchase Put Options are not a prediction of future gold price. they are not for trading.
The purchase of Put Options is just an insurance policy in case there is a serious correction over the 12 month period 1 July 2025 to 30 June 2026. the premium basically represents @ 3% on turnover of $440 million.
I believe it's a smart move.
Ann: Balance Sheet Strengthens- $50m RCF & A$4,400 Put Options, page-10
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Last
83.0¢ |
Change
-0.040(4.60%) |
Mkt cap ! $1.554B | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.0¢ | 82.5¢ | $6.261M | 7.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 136619 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 141628 | 3 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| OBM (ASX) Chart |