Assuming USD/AUD rate of $0.70 and tax rate at 30%, 900,000 ounces sold per year, every US$100 increase in the price of gold adds 12c per share in earnings (straight to
profit). Equates to $2.40 @ 20 PE, $3.60 @ 30 PE.
Given 15% hedge remaining and greater exposure to spot price.. based on where some commentators are saying gold is headed this could get very interesting..
Assuming USD/AUD rate of $0.70 and tax rate at 30%, 900,000...
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Last
$15.15 |
Change
0.150(1.00%) |
Mkt cap ! $17.41B | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.20 | $15.05 | $16.04M | 1.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 778 | $15.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.15 | 4347 | 10 |
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| Last trade - 13.02pm 30/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |