Seemed to be a lot of love for MML this morning. Opened up at $0.85, surged to $0.875 and is now sitting at $0.86 with over 380,000 share traded in the first 10 minutes. Up 7%. Good start to a day.
Other Aussie listed gold miners as a whole (XGD) haven't had the sort of morning many would have expected with the PoG breaking back above $1250 overnight. Up only 1%, even though GDXJ was up 7% last night...
Maybe it is mostly the AUD price of gold that is moving Aussie gold miners.
MML Price at posting:
86.0¢ Sentiment: Buy Disclosure: Held