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
$1.82 |
Change
0.033(1.82%) |
Mkt cap ! $1.966B |
Open | High | Low | Value | Volume |
$1.81 | $1.83 | $1.81 | $1.303M | 718.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 26091 | $1.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 67002 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 26683 | 1.810 |
26 | 52586 | 1.805 |
20 | 107502 | 1.800 |
12 | 96728 | 1.795 |
9 | 122050 | 1.790 |
Price($) | Vol. | No. |
---|---|---|
1.815 | 68070 | 11 |
1.820 | 75452 | 22 |
1.825 | 204403 | 16 |
1.830 | 184877 | 15 |
1.835 | 79084 | 12 |
Last trade - 11.30am 08/07/2024 (20 minute delay) ? |
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GOR (ASX) Chart |