I had some serious concerns regarding the rising shorts in BGL a week ago but after checking several other WA Gold Producers I found the folllowing short positions for similar sized producers (all WA based).
BGL= 6.5%
GMD = 6.3%
WGX =9.3%
RMS = 3.94%
Don't fully understand the reasons for their positions other than the conrol they can have on intra day trading to make some small margins (on large volumes) and or a possible Gold Price correction.
Still a strong supporter of BGL.
Latest BGL media coverage, page-86
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Last
$1.83 |
Change
0.055(3.10%) |
Mkt cap ! $2.154B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.85 | $1.79 | $7.041M | 3.855M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76057 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 4721 | 1 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |