I think today is a clear indication of the targeted HFT strategy that has been going on in the Oz gold sector for many months.
At 12.30 EVN down 7.3%, SBM down 7.3%, NCM down 6.6% and NST down 7.7%. These % reactions are all pretty much the same for large established companies.
But look at the impact on GOR down 12.8% and RMS down 15.3%. It shows that the HFT institutions can get away with murder on the small fish.
Anybody that sells today has a financial crisis because the sp is going to bounce back , even higher.
Game breaker for GOR is nameplate production in April quarterly.
Keep The Faith
Gold Investors Unite
I think today is a clear indication of the targeted HFT strategy...
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Last
$1.79 |
Change
-0.023(1.24%) |
Mkt cap ! $1.936B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.82 | $1.78 | $2.667M | 1.484M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 39447 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 61574 | 47 |
View Market Depth
| Last trade - 14.32pm 16/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |