Been wanting into this one for a while and watching carefully. Almost in at 380 a few weeks back but was astonished to it collapse further. Stayed away.
Any ideas as to when the possible insto sell-off ends?
A good LT hold in my ho if you are into gold. It pays dividends and hopefully will continue to do so at present prices. Very few Aus goldies do. Dividend payablilty to me means good cash management. Pay the divs and if you want cap to expand just offer an attractive rights issues.
Those third world folks who go to a bank and withdraw savings only to rebank them the next day are just making sure. Many people here in NZ who should had applied this test to the grey market lenders may have saved a lot of money and heartache.
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