I think , yes they can sell what ever gold they have once... then either they have to shut the shop or start trading allocated. They can trade unallocated but it will be considered risk assets and they have to hold more capital against it 85%. Still plenty of time.. six months to go and it can be still postponed...
whole idea is to reduce risk so bullion banks don't manufacturer warrants..
"unallocated gold can be sold 20 times to 20 people, whereas allocated gold can only be sold once. "That is the systemic risk that Basel III is worried about," she noted."
I think , yes they can sell what ever gold they have once......
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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 |