It'll reach $1.50 very shortly, it's hard for it not to.
The trajectory of gold is up - sentiment is bullish and it'll reach $1,300 US.
It has already gone above $1.40, higher highs and higher lows since 30/03/2017.
Technically, it looks right.
Fundamentally, RGS looks even better.
Look at the current P/E, look at its balance sheet.
I'll reply to my own post soon, to show that it will hit $1.50.
Gold touches $1700AU an ounce, page-14
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Last
42.0¢ |
Change
0.040(10.5%) |
Mkt cap ! $894.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 44.5¢ | 39.0¢ | $26.77M | 63.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 512051 | 6 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |