Looking at the last year worth of chart this stock trades incredibly flat within its ranges.
I could see this going sideways till breaking back into the 48c range, then maybe leg up to the 50-60 range.
Failed it's last attempt after cash costs where revealed to be still high in the quarterly.
Upside:
POG improvements after showing decent support at around these levels.
Improving fundamentals (CC should reduce as MM ramps up)
Good value - provided management don't prove to be smoking the giggletwigs.
Some good exploration - more icing on the cake IMO.
Downside:
POG tanks on improving global outlook as QE eases... maybe (Don't shoot me!?!... )
Management is smoking the giggletwigs.
Get unlucky and MM grades aren't quite there (The old saying goes you never know whats in the ground till after you have mined it...)
Should of sold at 50+ but, merp.
Will keep watching to accumulate around 40c, I don't this this will rocket anytime soon.
Looking at the last year worth of chart this stock trades...
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 (20min delay)
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |