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2,851 Posts.
1312
11/07/13
10:22
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POG yesterday $1381 AUD
POG Today $1389 AUD
SLR SP today up 9.3% POG up 0.6% (in AUD)
My guess is some short covering is happening.
I've just taken all my profit and will try and buy back in lower.
Still like the stock but worried about potential write off of goodwill of up to $123M which is sitting on the Balance sheet.
Costs are also still unknown but agree the stock is still cheap if costs come in as expected.
Just being careful in this market.
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