"I think it is important to remember how much the price of gold dropped from late 2020 to march this year."
Are you serious?
Gold price beginning of Nov. '20 was about AUD2700.
Gold price Mar. '21 was about AUD2200.
Differential - approx. -18.5%.
MCT price beginning of Nov. '20 was about 2c.
MCT price Mar. '21 was about 1.5c.
Differential - approx. -25%.
Given the Beta coefficient etc., MCT performed rather well.
Gold price currently is about AUD2550 - +16% from March price.
MCT price currently - let's use today's VWAP of .865 - -42% from March price.
I don't see the pendulum swinging the other way for MCT.
"I think it is important to remember how much the price of gold...
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Last
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Change
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Mkt cap ! $8.97M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 57821406 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 50767231 | 51 |
View Market Depth
| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 3266620 | ||
| Last updated 11.45am 03/05/2024 ? | |||||
| MCT (ASX) Chart |
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