So...if somebody was asking why this Vinva thing bought so many shares just 2 or 3 weeks ago - here is the answer. As suspected.
Then there was this broker opinion stating that fair value would be around 45 cents? Something like that?
I assume that the SP on theses levels is fine.
Watch closely the 50c level - if we break in the coming weeks then more surprises are in the pipeline. 50c probably is also the end of the downside trend and could mean that we might seen the highs rather sooner then later.
Gold is scratching again the US$/oz 1750 level. Even more conservative analysts see 2100-2200 by the end of the year and up to 3000 in the next 2-3 years. Imagine a US$/oz 2500 gold price in 2021 and a higher gold production. Not to difficult to imagine what the impact on the SP would be.
Leaky ship? I would not say - I have topped up all the way from 22.5 to 27.5c.
: ))
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 182989 | 18.5¢ |
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Price($) | Vol. | No. |
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19.0¢ | 180902 | 8 |
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3 | 92989 | 0.185 |
12 | 2005986 | 0.180 |
7 | 520075 | 0.175 |
13 | 557668 | 0.170 |
12 | 1177325 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 180902 | 8 |
0.195 | 871761 | 10 |
0.200 | 996610 | 16 |
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