You're only saying that because the SP has started to take off like a startled pig.Only joking .
Per Cunnington. Glods stocks themselves are undervalued and
A slide from Perennial.
and Pendal's Brenton Saunders Small Cap manager
Gold
Gold is an investable thematic in 2024, though possibly not as long-lived as the other three trends, Saunders says.“We’re now seeing a number of developed markets cut interest rates and gold has reacted.“It is up more than 20 per cent year-to-date in AUD, allowing the gold producers to more than offset the high cost inflation of the past two years,”
Brenton says.“Margins have expanded, and companies have been able to generate more cash. They are paying down debt and there’s been more M&A activity, making the sector more buoyant.“It’s a thematic we think will play into next year.”
All IMVHO
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You're only saying that because the SP has started to take off...
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $72.84M |
Open | High | Low | Value | Volume |
5.6¢ | 6.1¢ | 5.5¢ | $177.2K | 3.005M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 87866 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 99999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 87866 | 0.058 |
3 | 33771 | 0.057 |
1 | 37500 | 0.056 |
2 | 450000 | 0.055 |
4 | 909259 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 99999 | 1 |
0.060 | 590000 | 4 |
0.061 | 168000 | 2 |
0.062 | 75000 | 1 |
0.063 | 22250 | 2 |
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