Yip. A highly leveraged play on the ST POG movements I reckon. Given the +$100 AISC for FY15 I sold on the announcement as the margin is very slim.
However, a movement of only $100 in POG would double NPBT and thus provide a massive boost to the SP. Just look at PRU's recent SP movements by way of example. The opposite is true however.
Everyone's on the happy-juice today and lots of green on my screen despite the wider market. Something I've learnt though is that these euphoric days are often followed by day(s) of despair in this volatile sector.
Cheers
John
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $1.378B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.8¢ | 63.8¢ | $2.995M | 4.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 417991 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 346832 | 72 |
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| Last trade - 14.45pm 18/07/2025 (20 minute delay) ? |
| RSG (ASX) Chart |