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
-
- There are more pages in this discussion • 15 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 MYG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
80.0¢ |
Change
-0.030(3.61%) |
Mkt cap ! $73.17M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 80.0¢ | $13.08K | 16.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 1111 | 1 |
View Market Depth
| Last trade - 10.57am 05/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |