Thats true but it is trading at a 2x book value multiple, hardly much when you think of the potential of gold especially with a forcast of $10k by 2030 so to do that itd need to stay in a pretty stable uptrend from now until then, but at the same time usually they get shorters to push it down first then set a price to purchase at so shareholders dont feel like its a bad deal if their getting book value for their shares.
General Discussion, page-24
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Last
$4.69 |
Change
0.050(1.08%) |
Mkt cap ! $9.329B | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.77 | $4.66 | $53.44M | 11.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5143 | $4.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 86488 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |