I know we are unhedged but it feels like maybe some bets are been placed on GOR getting involved in M&A. The SP recently seems to be trending up faster than other gold stocks. GOR to me seems the ideal candidate to gobble up another player or be gobbled up by someone more hungry (or merge with DEG). They have loads of cash and Gibbs must be swimming in cash at the moment even with production impacted.
I know we are unhedged but it feels like maybe some bets are...
Add GOR (ASX) to my watchlist
 (20min delay)
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Last
$1.62 |
Change
0.070(4.52%) |
Mkt cap ! $1.755B | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.64 | $1.59 | $16.79M | 10.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 201927 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 198321 | 7 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.61 |
Change
0.070 ( 3.84 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.64 | $1.59 | 1503774 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| GOR (ASX) Chart |