That carry trade debacle has been used to it's full effect on most stocks IMO.
Nothing like a bit of fear driven shorting to get the ball rolling downhill, along with the recent CR and subsequent disgust in management, it was a perfect storm for buyers.
Your point is right, fair amount of de-risking has been done, and the high grade gold is still mostly in the ground ready to come out.
Im close to a "buy" & "hold"
Ann: Successful completion of A$150M placement, page-177
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Last
$1.18 |
Change
0.030(2.62%) |
Mkt cap ! $1.503B | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.18 | $1.15 | $5.169M | 4.433M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11725 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 185479 | 5 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| BGL (ASX) Chart |