When you think strategically you think past the morsels of information a company releases to the public.
You reason that GF and RCF most probably did a 10% trade of GOR shares with GORS's management's nod. After all GF has already got a huge investment in Gruyere and I do not think they want the other party to be Sun Valley.
It would appear their common goal was to block Sun Valley from getting 20% and stealing GOR from them because they want the upside to themselves.
This action has created this disastrous environment I call the pinball share price game. I think the shorters are Sun Valley and they are keeping the price down by selling to themselves and they may catch a few fools each day with some real trades. But hundreds of trades of 1 share per day are an automated downer to price action.
The real point from my previous post was that this pinball share price game may keep playing out for another 12 to 18 months.
Keep the Faith
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Short sellers
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Last
$1.78 |
Change
0.025(1.43%) |
Mkt cap ! $1.922B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.82 | $1.78 | $6.846M | 3.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71628 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 4887 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |