EVG 5.41% 3.5¢ evion group nl

re: Ann: Financing Documentation Finalised fo... John,I know...

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  1. cy7
    930 Posts.
    re: Ann: Financing Documentation Finalised fo... John,

    I know (just yesterday) I said I would make no more complaint about forward sales ---- but can I be allowed to comment.

    That chart may or may not be a fair guess of what the future holds ---- but it is also typical of price projections of all the large main stream finance houses.

    I will be shocked and surprised if this is it for the Bullion price ---- and I am not talking weeks or months here.

    Events are too similar to the 1960's and 70's ---- and importantly their has been no blow off top to signal the end of the bull market ---- since 1999 ? 2001 their has been a steady as she goes bull market in bullion with some quite worrying corrections along the way --- this is just another, in my humble opinion.

    Fundamentally gold prices should continue to rise.

    Technically this is very much a correction in an on going bull market.

    So forward sell if we must --- but with great caution

    As for EVG --- buy sell ratio looking much better --- but what is this magic 6.6 figure ---- I cannot see that holding much longer.

    Regards ?....... Jim.
 
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Last
3.5¢
Change
-0.002(5.41%)
Mkt cap ! $7.980M
Open High Low Value Volume
3.8¢ 3.9¢ 3.5¢ $35.37K 969.7K

Buyers (Bids)

No. Vol. Price($)
2 260020 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 56079 1
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
EVG (ASX) Chart
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