I think I might have found a major reason for the price lift. See the investor report. GOR had hedged 25% of sales at $A1899. That hedging expires at the end of this month and sales will be at spot price of around $A2600.
I am not aware of any further hedging.
I think I might have found a major reason for the price lift....
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.62 |
Change
-0.010(0.61%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.59 | $5.782M | 3.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15350 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 58360 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.62 |
Change
-0.010 ( 0.34 %) |
||||
| Open | High | Low | Volume | ||
| $1.60 | $1.63 | $1.59 | 652369 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| GOR (ASX) Chart |