The fall from $1.30 has been so steep that it had to bottom at some stage. I am not sure that much profit taking will occur next week? I have been buying close to the bottom and see a fair bit of short-term upside which is worth waiting for. I don't think that $1.00 is that far away. I am sure that the company will put together an impressive AGM presentation, the POG is holding up nicely and the panic selling will be all but gone.
With the panic sellers flushed out the share price should move higher. In terms of the IAU story not that much has changed since the share price was $1.30. The real change has been in sentiment and when it swings the other way there will be good money to be made.
up 26.87% in toronto, page-4
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Last
35.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $204.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 34.5¢ | $435.7K | 1.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16722 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 13995 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| A1M (ASX) Chart |