In the GOR presentation the implication is that the hedging is for their share of the operation: if so, about 30% of their share. However the presentation is somewhat ambiguous on this point.
I am not downplaying the positives of GOR and am a reasonably large holder. If readers of this thread prefer ridiculous ‘ go go go GOR’ type comments rather than attempts at more balanced views which may not be quite as enthusiastic, then so be it.
Markets are pretty unforgiving imo, so it is always worth considering why someone has sold at a given price. That person clearly has a different assessment of value at that price point.
General Comments / Chat, page-109
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Last
$1.81 |
Change
0.050(2.84%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.82 | $1.76 | $4.990M | 2.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6648 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 78248 | 3 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |