Got in on NST at $1.00 and planning another entry if the possibility arises.
Looking for some stability around $1,200 USD and above for gold and AUD stable or showing some weakness, unless gold is rising.
I 'think' we have demonstrated a 'paper' gold floor around $1,140 USD with AUD gold value then still profit/cost covering for NST.
S&P way over valued and due for a correction - and when that happens they all go down in fear, and the good shares over shoot to the downside as well. It is then you can get some really strange low prices.
Have set aside some cash just in case that scenario eventuates.
There is a prediction by Harvey Organ that paper gold players will lose control in December when Shanghai exchange is drained of all physical. So will keep an eye on that as well..... if one is lucky with the sequence of events.....
If nothing eventuates, nothing lost.
Got in on NST at $1.00 and planning another entry if the...
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Last
$12.81 |
Change
-0.010(0.08%) |
Mkt cap ! $14.72B | |||
| Open | High | Low | Value | Volume |
| $12.95 | $13.02 | $12.76 | $72.90M | 5.667M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40307 | $12.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.82 | 1703 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |