The way i see it is...
If the markets are really bad.... the oz dollar will fall to say 70c to a dollar.
That is roughly a POG rise of 500$ in AUD.
This gives a lot of room for a correction in POG and you can balance this vs the funding risks.
Anyone want to fund a company with more than 1000$/oz Margin? Oh interest rates will probably be lower if economy goes bad.
Which is why im 100% invested in this company. LOL
theres gotta be some this week, page-48
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Last
80.0¢ |
Change
-0.020(2.44%) |
Mkt cap ! $73.17M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 77.0¢ | $7.061K | 9.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1298 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 2292 | 1 |
View Market Depth
| Last trade - 15.19pm 15/11/2024 (20 minute delay) ? |
| MYG (ASX) Chart |