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.
If you had invested in any of the 4 big banks last quarter of...
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Last
$1.95 |
Change
-0.038(1.88%) |
Mkt cap ! $2.518B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.95 | $13.86M | 7.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 42449 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 32156 | 29 |
View Market Depth
| Last trade - 15.54pm 02/07/2025 (20 minute delay) ? |
| SPR (ASX) Chart |