I think today is a clear indication of the targeted HFT strategy that has been going on in the Oz gold sector for many months.
At 12.30 EVN down 7.3%, SBM down 7.3%, NCM down 6.6% and NST down 7.7%. These % reactions are all pretty much the same for large established companies.
But look at the impact on GOR down 12.8% and RMS down 15.3%. It shows that the HFT institutions can get away with murder on the small fish.
Anybody that sells today has a financial crisis because the sp is going to bounce back , even higher.
Game breaker for GOR is nameplate production in April quarterly.
Keep The Faith
Gold Investors Unite
Dumb and Dumber, page-45
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Last
$1.80 |
Change
-0.015(0.83%) |
Mkt cap ! $1.944B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.82 | $1.78 | $5.635M | 3.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 100873 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.80 | 94812 | 6 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |