I believe GOR is worth $2 without DGO and with DGO it is worth $2+.
The players are already trying to impact the deal and GOR sp.
The HFT computers are again being misused and today completed:
- 6,425 trades for 4.17 million shares.
- 45% of the trades were for less than 100 shares. A retail investor could not afford such a transaction only a HFT computer that pays
no brokerage on each transaction.
- 86% of the trades were for less than a 1,000 shares.
Such trading strategies are a clear example of setting an unrealistic price for GOR shares and the regulator should step in.
I do not think the ASX will do anything about it because it will affect their stellar share price.
This is a broken market with $6.6 million of GOR shares being traded and GORs market cap going down by around $50 million.
You may say that all of the Aussie gold sector went down also but the same type of sham is being carried out on all Aussie gold companies.
I think the intent is to smash them down as low as they can for the big players to buy them cheap.
GO Gold Road
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Last
$1.70 |
Change
-0.015(0.88%) |
Mkt cap ! $1.836B |
Open | High | Low | Value | Volume |
$1.62 | $1.70 | $1.56 | $14.73M | 8.963M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3701 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 94313 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3701 | 1.690 |
2 | 15535 | 1.685 |
5 | 30777 | 1.680 |
3 | 99877 | 1.675 |
2 | 43115 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.695 | 94313 | 3 |
1.700 | 248441 | 9 |
1.705 | 116993 | 7 |
1.710 | 30727 | 3 |
1.715 | 3701 | 1 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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