@aed_ee: Because I would have to pay for storage of the gold bar (and/or take the risk of burglary), because gold miner shares gain by 10% on every 5% of gold price increases (leverage due to production costs). As opposed to warrants I get that leverage effect by owning a part of tangible assets rather than some paper that says some bank owes me. Finally I not only get a part of uncontrollable risks ut on uncontrollable chances too - such as McPhillamys in this case. And as a frosting with Regis I also get a continious dividend.
@aed_ee: Because I would have to pay for storage of the gold bar...
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Last
$4.39 |
Change
-0.100(2.23%) |
Mkt cap ! $3.316B | |||
| Open | High | Low | Value | Volume |
| $4.47 | $4.53 | $4.37 | $16.81M | 3.793M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 51252 | $4.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.39 | 7201 | 1 |
View Market Depth
| Last trade - 16.17pm 27/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |