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
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $1.684B |
Open | High | Low | Value | Volume |
$1.56 | $1.58 | $1.52 | $7.851M | 5.075M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | $1.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 92601 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.550 |
2 | 33909 | 1.545 |
7 | 87587 | 1.540 |
3 | 103602 | 1.535 |
3 | 72245 | 1.530 |
Price($) | Vol. | No. |
---|---|---|
1.555 | 92601 | 6 |
1.560 | 106446 | 2 |
1.565 | 46518 | 1 |
1.570 | 15727 | 2 |
1.575 | 5727 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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GOR (ASX) Chart |