reason I bought and hold this stock is because it is one of those high risk or high return stock
They cost too much to produce gold to survive but I believe gold price is at its bottom and many people only follow gold price in USD. in AUD they broke 1400 dollars.
http://www.24hgold.com/english/gold_silver_prices_charts.aspx?money=AUSD
In fear of company getting broke, the share price is really low and for a fair reason. But if gold price raise back. You can expect share price change will be a lot more dramatic then company already making 300 dollars per ounce making 500 dollars per ounce and company which was loosing money start making 200 dollars per ounce.
I recommend holding no more then 10% of your portfolio for this kind of high risk stock. At the record low 4.6 c it might be a gamble worth taking.
- Forums
- ASX - By Stock
- Cheapest Gold producing company avilable fro sale!
reason I bought and hold this stock is because it is one of...
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.86 |
Change
-0.043(2.23%) |
Mkt cap ! $2.128B |
Open | High | Low | Value | Volume |
$1.89 | $1.90 | $1.85 | $2.349M | 1.255M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 24012 | $1.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.87 | 14398 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 21165 | 1.860 |
26 | 40749 | 1.855 |
16 | 69074 | 1.850 |
11 | 96856 | 1.845 |
11 | 27329 | 1.840 |
Price($) | Vol. | No. |
---|---|---|
1.865 | 27863 | 26 |
1.870 | 31204 | 14 |
1.875 | 120013 | 17 |
1.880 | 41965 | 13 |
1.885 | 20939 | 7 |
Last trade - 13.47pm 30/07/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online