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$1.60 gold road resources limited

Short Selling, page-76

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mal230355

2,323 Posts.

847

25/12/19

10:43

Post #: 42126589
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Originally posted by Goldinvestunite ↑

If you put your shares up for sale at $1.00 when the last sale price was $1.1075, and you do not know what price you will get for your shares, you must be considered an idiot or at least in the early stages of Dementia.
I know this is happening all over the ASX but it is a strategy to manipulate the price of the share by investment banks and contravenes Section 1041 a of the Corporations Act by creating an artificial price. No intelligent seller would not try to maximize the sale proceeds with a flippant sale price of $1.00. Your acceptance of this shows how little you know about the markets and investing.
When bids are above the last traded price this is usually a sign that the shorters have to square up.
I suggest you seek the advice of a financial adviser when you seek to make any further investments because a fool deals in matters he does not understand.

Keep The Faith
Gold Investors Unite

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So what about the bids above the last price during the auction, can't be blatant
manipulation below and all ok above because you want a higher price.
You claim that it is in breach of section 1041 is illogical and incorrect. And yes you are certainly dealing in matters you don't understand, making you a fool under your own criteria.

GOR Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.60		Change 0.020(1.27%)		Mkt cap ! $1.727B

Open	High	Low	Value	Volume
$1.59	$1.60	$1.57	$9.612M	6.052M

Buyers (Bids)

No.	Vol.	Price($)
4	89859	$1.59

Sellers (Offers)

Price($)	Vol.	No.
$1.60	100533	9

View Market Depth

No.	Vol.	Price($)
1	10000	1.590
3	56715	1.585
3	84950	1.580
4	49672	1.575
8	56776	1.570

Price($)	Vol.	No.
1.600	90691	8
1.605	35220	2
1.610	9109	3
1.615	7079	2
1.620	69590	5

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last $1.59			Change 0.020 ( 1.25 %)
Open	High		Low	Volume
$1.60	$1.60		$1.57	1098361
Last updated 15.59pm 07/05/2024 ?

GOR (ASX) Chart

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