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.
I had some serious concerns regarding the rising shorts in BGL a...
Add BGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.97 |
Change
0.120(6.50%) |
Mkt cap ! $2.313B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.97 | $1.90 | $11.10M | 5.739M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29861 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 16117 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |