RE: Updated offer note23 Feb 2025 19:23
i think you've got too look back further than that retired banker as by that reckoning this was 1.25 in november 2025.
an excellent return for those buying on the nose for the payout, don't you think? gold has been high for a long time now and if you've look back over the 5 year period there's not many that have given anything back. as you say, either through mismanagement, bad luck or whatever anyone would call it. people will say hoc has been a good play, but that went from around 340 down to 40p before recovering of late, similar story at srb, that was painful over there until they got the iffy license sorted. barrick has done nothing... cey went for to ashanti for circa 30% less than the post covid high when gold was circa 2100 and ashanti had been really struggling until they took cey out. and then there's shg the list is endless, it's been an absolute **** show so far.