You have to see the funny side when people say the market determines the share price..After sales of 3,500,000 shares @ $0.93 and 800,000 @ $0.9375 during the course of the day.
Then 4 pm comes around and the BS trading begins. At 4 pm there were shares for sale at $0.83. Why would you sell shares for 10 cents less unless you were selling to yourself.There were about 110,000 shares sold after 4 pm and the price, the short sellers wanted, was determined, at $0.915. You get a bigger laugh when the last sale was for 1 share.
The shorts have risen to 28.9 m so more of this BS trading will follow.
My hope is that a real buyer enters the arena and starts buying for $1.40 plus and blows these short seller leeches out of play.
I do not like short sellers/ robot trades because they depress the price to facilitate cheap takeovers that rob the real investor of their proper return.
GO GOR
Keep the Faith
Gold Investors Unite
Robot trading downs price
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Last
$1.64 |
Change
-0.020(1.20%) |
Mkt cap ! $1.776B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.62 | $6.430M | 3.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11769 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 91261 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| GOR (ASX) Chart |