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
Keep The Faith Gold Investors Unite
GOR Price at posting:
$1.57 Sentiment: Buy Disclosure: Held
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