I view it as very positive and the directors see growth comming in the company.
They sold when GOR market cap was around 125 millions dollars which anything over the 1oo millions starts to attract investment and hedge funds.
They sold into and during the uptrend of D and D report, knowing the shares would be swallowed up and digested into the market with no retrace.
They have options that have to be converted by end of june and still hold similar amounts after the conversions. Not much different then we trade from tails to heads or take a good profit and then re-enter.
Also the top 40 hold 53% of this company, so its very tightly held.
I view it as very positive and the directors see growth comming...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
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
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |