If you had invested in any of the 4 big banks last quarter of 2017 you would now be down between 16% and 25%. Telstra about 30%.
If you had invested in GCY at that time you would be up about 45%. Not a bad ROI.
However I agree it is difficult to comprehend this stagnant share movement. Perhaps the time of year( loss selling). General bearish market sentiment?
Maybe stronger AUD/ gold price?
The gold price has fluctuated around these levels for about 5 years. So you would think this has been a period of consolidation leaving little downside. Although no- one has a crystal ball the odds with GCY are very much in the investors favour.
Ann: High Grade Intersections from the New Plymouth Prospect, page-12
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $1.416B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.32 | $1.28 | $4.141M | 3.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 196514 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 33512 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| SPR (ASX) Chart |