This dog is going higher...way way higher.
Just too hard to trade now. Now it has a kind of liquidity and volume which will be hard to manipulate.
So no more trading this dog. Just holding and selling in increments.
Accumulation is done...mark up in full force.
Yesterday, I rang the company regarding this Spot Deferred sales contract for 220000 ounces at USD 1301. I was pleased to receive a call from management who happened to be in Ghana and explained me in details. Although it was a complicated financial instrument/tool(which I still don't fully understand).....what I got out of it that it was better than just hedging at one fixed price.
Hence, PRU will always receive more than USD$1301 for those deferred ounces.
$Billion dollar market cap coming soon.
Still trading very cheap compared to others.
This dog is going higher...way way higher. Just too hard to...
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Last
$2.46 |
Change
0.070(2.93%) |
Mkt cap ! $3.379B | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.48 | $2.42 | $44.51M | 18.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 572374 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.47 | 489185 | 15 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PRU (ASX) Chart |