GOR 1.56% $1.63 gold road resources limited

Silvering,Just to add, in all reality (unless an enterprise...

  1. 568 Posts.
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    Silvering,
    Just to add, in all reality (unless an enterprise needs to raise capital) the company could not give a toss about short term SP gyrations as the SP has zero effect on daily business
    On the other hand short term nervous Nellie's loose sleep when green turns to red.
    If investors thought 10 days ago GOR was a buy then today at >20% cheaper it's a better buy.
    The fundamental business case of GOR hasn't changed one bit in the past days. Except it has been a learning experience that, in times of blood on the street & panic, the good stuff gets sold to pay for the margin losses.
    Make up yr own minds, but I quite like the opportunity to buy more of a company I like at a lower price than Mr Market was offering just a few trading sessions ago.
    Market corrections are healthy &
    give the tree a good shake from time to time transferring assets from weak to strong patient hands.
    GLTA,
    SG.
 
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Last
$1.63
Change
0.025(1.56%)
Mkt cap ! $1.765B
Open High Low Value Volume
$1.62 $1.63 $1.60 $6.661M 4.109M

Buyers (Bids)

No. Vol. Price($)
2 34421 $1.63
 

Sellers (Offers)

Price($) Vol. No.
$1.63 471948 6
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$1.63
  Change
0.025 ( 1.96 %)
Open High Low Volume
$1.62 $1.63 $1.60 2825045
Last updated 15.59pm 04/06/2024 ?
GOR (ASX) Chart
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