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"
That carry trade debacle has been used to it's full effect on...
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Last
$1.28 |
Change
0.030(2.41%) |
Mkt cap ! $1.631B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.28 | $1.22 | $26.42M | 21.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 257 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 65894 | 7 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |