GPR geopacific resources ltd

Maybe the seller is manipulating the share price down on...

  1. 745 Posts.
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    Maybe the seller is manipulating the share price down on purpose? Followed by an opportunistic takeover bid. Seen this all happen before with others I have held in the past CDV and CMM to name a few. I will keep buying as it falls lower, the gold fundamentals remain the same. 1.6moz in gold resource & 1.1m in gold reserve with plenty of exploration upside. Market is valuing this gold resource with a negative EV -18million today, I cannot understand this. Rick rule just recently did an interview, he reckons M&A will increase going into 2022 in the ASX gold space, cant see a bigger takeover target in the ASX gold space at the moment. Sprott has given Emr access to a $100 million acquisition/development facility in 2019 - go and see the announcement. I think it makes sense Emr and Gpr merge entity's to become a multi asset gold producer. I think it would get shareholder approval also, at the correct price 30-35c, script offer. Time will tell. Cheers ST
 
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(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $76.37M
Open High Low Value Volume
2.4¢ 2.5¢ 2.3¢ $16.23K 673.6K

Buyers (Bids)

No. Vol. Price($)
6 1332681 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 222288 1
View Market Depth
Last trade - 15.48pm 17/06/2025 (20 minute delay) ?
GPR (ASX) Chart
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