They both have no chance of survival if the gold price keeps dropping, production costs will eat up the margin. MYG is already underwater. DRM share price is falling and will get worse if they cant get out of this shoddy deal. The receivers will be busy in 2015. DRM would be best to preserve its cash whilst the USD continues to power ahead. The Republicans win in the USA last night will see the interest rate market even more of a focus on interest rate rises as the US economy gathers strength. This augers an ill wind for GOLD. Gold could be below $1,000 by the new year.
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 (20min delay)
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Last
80.0¢ |
Change
0.015(1.91%) |
Mkt cap ! $72.93M | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 80.0¢ | 71.5¢ | $38.36K | 50.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8000 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 26617 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
75.0¢ |
Change
0.015 ( 4.46 %) |
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| Open | High | Low | Volume | ||
| 74.5¢ | 75.0¢ | 74.5¢ | 1034 | ||
| Last updated 14.05pm 14/06/2024 ? | |||||
| MYG (ASX) Chart |