GOR gold road resources limited

I guess you need to ask yourself why they paid a premium....

  1. 4,357 Posts.
    lightbulb Created with Sketch. 1943
    I guess you need to ask yourself why they paid a premium. Goldfields have 10% of the company and 50% of Gruyere. If someone else (say Sumitomo) wanted to takeover GOR they cannot given 10% is a blocking stake.

    So there is little prospect of a bidding war for now and traders aren't going to bid up the price 27%.

    Still some risk that Gruyere doesn't live up to expectation (although I think it has less risk than most developing projects).
 
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(20min delay)
Last
$3.17
Change
-0.040(1.25%)
Mkt cap ! $3.443B
Open High Low Value Volume
$3.21 $3.22 $3.17 $6.100M 1.918M

Buyers (Bids)

No. Vol. Price($)
3 15637 $3.17
 

Sellers (Offers)

Price($) Vol. No.
$3.20 7179 4
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Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
GOR (ASX) Chart
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