cryptonomicom,
Yes I think you are correct a crash and burn is well on the cards.
Also there is a lot of new European money being pumped into GOR at the moment and it would not surprise me to see a new CR sooner rather than later especially if Hann drilling comes up with some good results similar to the discovery results.
Be wary at the moment is my call but buying at around 45 to 50 cents is good value.
Do a peer comparison and you will see GOR is way overvalued on fundamentals IMO.
DYOR I remain a holder just!!!
Ann: Change of Directors Interest Notices , page-21
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Last
$1.77 |
Change
-0.060(3.29%) |
Mkt cap ! $1.913B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.73 | $7.597M | 4.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 98 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 27912 | 5 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |