hottuna, you're right, I was poking the sleeping dog a bit there. Because people were saying that it was worth a lot more than 60c - without giving any reason. But, there was no reason it was ever worth $36 either, except for the sentiment that goldies were cheap at any price because (the sentiment was) gold is going to da moon. On fundamentals, it is a much better buy at 60c than it ever was at $36. And St Barbara is a worse buy at 12c than it was at $5.76.
Quite honestly, there are no metrics for valuing gold companies IMO. I am watching several, and I think that RSG and ABU are two of the best to buy when it is clear that gold is in an uptrend - and the sentiment has turned!
hottuna, you're right, I was poking the sleeping dog a bit...
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Last
63.0¢ |
Change
0.030(5.00%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 63.5¢ | 61.0¢ | $7.471M | 11.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31742 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 488746 | 13 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |