RED will probably rise with the ascending POG to a degree. However, I feel POG's full rise, reflected in a solid exploreco or an unemcumbered producer, will be FULLY captured and leveraged, while RED will lag in its move up as the threat of further operational issues may surface, known, unknown and indisclosed. Therefore my primary risk is not RED rising, but rising more slowly than others while having a dark cloud or two floating around it.
Down the track i believe I will re-buy RED because of its assets/address and the POG.
OV
PS I'm not a goldbug. Therefore I'm not confident Au, "Is goin' to da moon!" and POG may drop/spike before reverting to a rising mean. In this relatively short time-window I want goldies that have a better chance of rising the most.
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B |
Open | High | Low | Value | Volume |
37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1862724 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 2312588 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 84542 | 0.360 |
17 | 576790 | 0.355 |
33 | 1675872 | 0.350 |
17 | 1054440 | 0.345 |
10 | 457066 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 255012 | 3 |
0.375 | 166314 | 2 |
0.380 | 368323 | 9 |
0.385 | 440469 | 4 |
0.390 | 334266 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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