Well there is a good asset there, but in the current price environment I don't see any upside for a while. Unfortunately just have wait it out, the QE continues unabated but the gold price has dropped $450/oz on the mere mentioning of tapering, still has not happened yet.
Just as the euphoria of increasing resource base and fast appreciating share price, we now have the opposite of despair and seeing no upside or step change over the next couple of years. Things can change pretty quickly though from what was former to what we have got now, with the reverse scenario.
Well there is a good asset there, but in the current price...
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.29M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $9.668K | 29.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19043 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 2507 | 1 |
View Market Depth
| Last trade - 12.58pm 05/09/2024 (20 minute delay) ? |
| AMX (ASX) Chart |