Such price actions flushes out the weak players so that the stronger ones who hold out will have an easier ride up. If you use margin to buy shares you will most likely be the weakest player.
GOR has good fundamentals, therefore the upside is sure. Ignore the short term noise. GOLD is consolidating and preparing for the next leg up. This will benefit GOR greatly. Hope it all pans out nicely. Time will tell. All my opinion only.
On market buyback of shares needed, page-31
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 (20min delay)
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Last
$1.62 |
Change
-0.015(0.92%) |
Mkt cap ! $1.749B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.61 | $5.129M | 3.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17294 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 13942 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |