Or looking at it from this perespective. GMD has to grow into its valuation far more than VAU which is relatively undervalued. Whillst GMD could potentially keep rising in valuation to a MC of say $7B if the gold price keeps rising, thus another 40%, the MC of VAU could rise 150% Try telling that to the GMD fan club however. And it's a pretty damn vocal fan club, lead by the analysts and institutions themselves, all talking their book
VAU Price at posting:
48.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)