Dear welds,
The serious commentators in the gold space always refer to the share price leverage that is gained from gold price rises.
For example, if the profit margin is $1,000 per ounce at a $2,000 gold price every $1,000 gold price rise is 100% more profit. $2,000 to $3,000 gold price rise is 50% growth but 100% profit margin rise. $3,000 to $4,000 gold price rise is 33% price rise and 100% margin rise, and so on.
Like GBBS writes, if you’re invested in a good business don’t worry too much share price falls.
Dear welds,The serious commentators in the gold space always...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.83 |
Change
0.060(1.59%) |
Mkt cap ! $2.513B | |||
| Open | High | Low | Value | Volume |
| $3.80 | $3.88 | $3.80 | $9.066M | 2.360M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1395 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.84 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| EMR (ASX) Chart |