JMT -Rather than pay millions more off the debt, keep some it won’t matter the money printing presses are going 24/7, as some insurance to set up Fighting Fund say of $50m to buy back GOR shares to stop this trading thief/s!
The company potential future worth/value assets is worthless to current shareholders if it’s owned and stolen by someone else!
At least it will hopefully put a floor in the share price, in these crazy times a company that prints its own cash is debt free is fully funded has millions in franking credits sitting on the books - unfortunately GOR is attractive proposition.
IMO trading patterns appear to smash it low for a low ball blow.
Only time will tell I really hope I have got it wrong here, but currently it appears to be smelling off!
Unfortunately those with very deep pockets are capable of anything, and right now based on the recent share price performance they are winning.
Good luck to all holders
Cheers Aussie
Green Today?, page-33
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Last
$1.56 |
Change
0.025(1.63%) |
Mkt cap ! $1.690B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.56 | $1.54 | $4.453M | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 59999 | 6 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |