After i had just sent my first response to your post I was thinking about what you said about a company being fully priced. I remember reading a story yesterday that a nickel mine near Kambalda in WA, being bought only last year by an astute business man for $760 000 000.00. That's a lot of zeros. That mine now is in care and maintenance.
When you think about mines, what is ever fully priced? Hedge funds and the like are pretty smart when it comes to buying into an investment such as a gold mine and at the moment the smart ones are buying us.
There is gold in them there hills Morgan says.
After i had just sent my first response to your post I was...
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Last
$4.00 |
Change
0.030(0.76%) |
Mkt cap ! $2.627B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $4.00 | $3.91 | $4.322M | 1.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11049 | $3.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 240865 | 5 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |