As smaller holders, we can jump in and out. The big holders need time to organise an orderly disposal of their shares. If GOR don't find anything worthwhile in the next few years, the company will be mining the shareholders for the Michelin chef. Market cap will be at 20 million. Protect capital.
When we buy in, we also need to set the parameters for jumping off. GOR has lost it's glitter.
If any of the major holders decide to unwind their positions lookout below. Will make this D &D move look like a picnic.
Sentiment is, buy back in after the bottom, maybe after the next cap raising.
gored, page-13
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Last
$1.98 |
Change
-0.025(1.25%) |
Mkt cap ! $2.140B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.00 | $1.97 | $6.863M | 3.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75401 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 25614 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |