There have been a lot of changes to my portfolio in the last week. Here they are along with my reasoning behind them.
I wrote up Goldplat (AIM:GDP) only a few weeks ago just after I had purchased shares. The position is down almost 30% – hitting all time lows, and now represents an even better buying opportunity in my opinion. Here’s my take on why the share price has fallen so much and if the market knows something we don’t.
Gold miners have taken a pounding over the last 18 months, and quite rightly. The decade long bull run in the price of gold came abruptly to an end in 2012 with steep declines starting in 2013. Amid the blood and carnage of this sector there are doubtlessly companies that have been dragged down with the masses but don’t deserve such depressed prices. Lucky for me, I found one, Goldplat plc.