It feels as though the big selling down at 27.5/28 is over. Well done to those who bought down there.
AZM is way oversold and is now one of the cheapest gold stock out there (EV/Resource)
I wouldn't be surprised to see either PRU or a major come in at these level and swoop it up.
Gold price in AUD for the month is up. AZM announced a resource increase.
For some reason the stock is down 22% for the month.
Volume on the way down has not been massive.
Like the subject says....oversold (IMO)
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It feels as though the big selling down at 27.5/28 is over. Well...
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