Share prices have risen, but are still a far way from reflecting current gold price . If $2800/oz and 0.63 aud/usd is the new norm, then share prices have a long way to go and everything is cheap.
RF is on track and doesn't need M&A but he is an empire builder and you don't have to covince a gold bull this is just the beginning of a gold bull run.
Until we have world peace , no more tariffs and no more sanctions , gold will be in demand
So any M & A gmd now is based on bullish gold forecast and a bit of fomo.
in a rising market the best time to buy an asset is always yesterday.
GMD
genesis minerals limited
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$4.61

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Last
$4.61 |
Change
0.100(2.22%) |
Mkt cap ! $5.210B |
Open | High | Low | Value | Volume |
$4.48 | $4.62 | $4.47 | $53.61M | 11.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8289 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.61 | 167146 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 549 | 4.600 |
2 | 17613 | 4.450 |
2 | 5500 | 4.410 |
5 | 1489 | 4.400 |
4 | 12048 | 4.350 |
Price($) | Vol. | No. |
---|---|---|
4.640 | 3387 | 1 |
4.720 | 1500 | 1 |
4.730 | 2000 | 1 |
4.780 | 3165 | 2 |
4.790 | 8350 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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GMD (ASX) Chart |