That's the floor under POG right there IMO, back up around $1250 overnight. PRU back over 30c in a heartbeat. I'll answer my own question, but would appreciate anyone else, mine is pure guesswork, based on where it was last time, but the difference would be the direction, whic will be up instead do down and markets tend to look ahead:
A) $1 - POG $1450
B) $2. - POG $1550
C) $3 - POG $1700
IMO POG could be $2000-$5000 if you have the patience. Inflation is not extinct, the world is not a big peaceful love-in, stuff happens.
PRU's higher costs mean profits as a percentage dip exponentially as we approach zero profit, hence the alarming level of the SP, but equally that means the opposite on the way back - that means fortunes to be made for anyone brave enough, today should be a good example.GLA.
what will it take to get back to $1, $2, $3 ?, page-2
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Last
$2.35 |
Change
0.030(1.29%) |
Mkt cap ! $3.228B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.37 | $2.29 | $6.953M | 2.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 211468 | $2.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 61323 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PRU (ASX) Chart |