Buy em when everyone else hates them I say. That theory worked very well in July/August 2022. POG still hovering at ATH's during a strong economy. Imagine where it might go in the next panic/recovery. Went 5x higher 2004-2011. SPX was 1100. No reason POG won't 5x again in the next 6-7 years.
Might just be self off in Aussie goldies. EG. GOR 60% higher costs than in 2020, so maybe market is pricing in an upcoming qtrly report or guidance which shows higher than expected costs. Just hypothesizing..
Buy em when everyone else hates them I say. That theory worked...
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Last
$1.69 |
Change
-0.055(3.16%) |
Mkt cap ! $1.983B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.69 | $4.994M | 2.942M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 124954 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 40 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.69 |
Change
-0.055 ( 3.12 %) |
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| Open | High | Low | Volume | ||
| $1.77 | $1.77 | $1.69 | 1106934 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BGL (ASX) Chart |