You could be right.. thr cooling inflation most attributed to softening energy prices.. but it lag data.. the hot weather putting immense pressure on the grid.. if inflation spikes from here or we get sticky inflation hovers around 3-4%.. it would postpone the Fed pivot.
But if you notice gold prices been around $3k in Aussie dollar terms for the past year or so...
and the other point laverton.. yes this stock has both potential ramp up production and exploration potential. But if can generate FCF anywhere near $70m pa... stock is undervalued
You could be right.. thr cooling inflation most attributed to...
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Last
14.0¢ |
Change
-0.015(9.68%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $4.409K | 30.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1700 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 6000 | 1 |
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| Last trade - 15.44pm 05/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |