"The sp has been accelerating north with the gold price dropping, which seems rather strange to me"
It's not strange at all. Gold shares, particularly Aussie gold shares lead the metals in a classic bull market, which we are about to embark upon. As I keep pointing out and the reason is simple. Smart money begin buying ahead.
GP bottom, page-26
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Last
$2.14 |
Change
0.090(4.39%) |
Mkt cap ! $2.450B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.13 | $1.214M | 568.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 24570 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 251840 | 34 |
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| Last trade - 11.00am 19/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |