Nine trading days ago the AUD gold price cracked AUD$3,500 for the first time ever. Tonight we are on our way to $3,800.
The gold price is up almost 30% in the past six months. That's an increase of almost AUD $900 but more importantly it's all on the bottom line; it's all profit. It could mean our profit margin may have doubled, which means the value of our resource should also have doubled and our share price should have doubled. We should be trading at a minimum $0.13 purely on the basis of the gold price and if we add the more positive sentiment and throw in a bit of FOMO we should be in the 20's. Just my opinion.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 96000 | 0.059 |
1 | 64000 | 0.058 |
1 | 10000 | 0.057 |
2 | 250000 | 0.056 |
4 | 78099 | 0.055 |
Price($) | Vol. | No. |
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0.062 | 4512 | 1 |
0.064 | 27000 | 3 |
0.065 | 196030 | 2 |
0.066 | 318846 | 2 |
0.067 | 380000 | 2 |
Last trade - 15.25pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 15.25pm 03/05/2024 ? |
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