Management of producing gold companies prefer to keep the money in house its one of the reasons the XGD is so flaky and a bit of a joke really
Management teams prefer to keep themselves in a job by drill drill drill (justifies their massive pay packets )
It also keeps plenty in the kitty to secure the massive wages they pay themselves plus all the free shares they award to themselves
New entrants into the share market i have on good authority consider Gold companies a bit of an old relic not to be taken seriously any more
Sure they have a bit of a run on the gold price every now and then but much better modern opportunities out there is what i am told by brokers (a bit of a laugh and a giggle really)
The old days are just that the old days
gltah
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$1.39 |
Change
0.015(1.09%) |
Mkt cap ! $1.560B |
Open | High | Low | Value | Volume |
$1.39 | $1.39 | $1.37 | $2.014M | 1.463M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 55972 | $1.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 72945 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 51579 | 1.380 |
24 | 109076 | 1.375 |
18 | 216283 | 1.370 |
17 | 188633 | 1.365 |
13 | 374720 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.385 | 72107 | 42 |
1.390 | 208162 | 26 |
1.395 | 150688 | 13 |
1.400 | 410896 | 15 |
1.405 | 25360 | 4 |
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