GDO gold one international limited
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serious buy volume 500,000 @21c, page-4

  1. slowprop
    1,024 Posts.
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    10/11/13
    14:22
    Post #: 12549832
    The 500k bid is a prop to stop the bots grinding the sp down as there is virtually nothing on the bid side, i.e. a couple of days ago the total volume for the day was 1 share!...but it dropped the sp by about 4%.

    IF they move to compulsory aquisition, you can bet it will be based on an average of vwap imho, which won't be 55c or anything near it.
    GDO Price at posting: 21.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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