Very unfortunately the POG has decided to decline and now sits below US$1300/oz. This will put pressure on GCY's SP and we saw the start of this evil process yesterday. It is not a reflection on GCY, but a general Au market reaction which all ASX goldies are subject too. Looking at GCY's chart I have a suspicion that GCY's SP may drop down to A$0.40 again. This could form a double bottom which can be a very powerful technical pattern eventually leading to substantially higher prices. Time to watch, study and garner one's resources.
Fully Funded a BIG TICK, page-8
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Last
$1.11 |
Change
-0.100(8.26%) |
Mkt cap ! $1.228B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.09 | $8.904M | 7.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 168874 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |