RED 3.37% 46.0¢ red 5 limited

Ann: Change in substantial holding, page-4

  1. 1,821 Posts.
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    Interesting quote from them:

    "In 2024, we see opportunity for gold to test and break through the all-time highs of US$2,075 in 2020 and US$2,135 more recently, on December 4. Gold equities, such as AngloGold Ashanti, are positioned to benefit from sustained, record high gold prices as investors look for leveraged, and diversified exposure to gold. "

    Suggests they are simply putting their money where their mouth is. The paper was much longer but this seems to prosecute their argument put forward.



 
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