Gold slight gained and US stocks slight lost last night. CPI level is still high and in line with forecast, so US is very likely to add 25 pts this time, which has been fully digested by the market. This is actually good for WWI, $2000 PoG means post-tax NPV of UD$253M, about 60% more than 160M at 1750 PoG! If the stock market can become stable and bring investors' confidence back, we should be able to see 5c again or even higher. Of course, the most important thing is to secure debt facility, which could send the share price to 7c or 8c in one day! When the first gold bullion is produced, it will change the market sentiment and share price significantly and I believe we are not far from that moment.
Gold slight gained and US stocks slight lost last night. CPI...
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $35.58M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $24.99K | 1.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7125026 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 89058 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WWI (ASX) Chart |