Yes agree and next support is in $1.02 to $1.07 range however unfortunately the SP is being heavily shorted since around the 25th Sept. Yesterdays shorts were actually 40.9% of total volume. You can see the data on shortman website https://www.shortman.com.au/stock?q=GOR If there's a good recovery in gold price it may force a short squeeze and the price could rise fast but in the meantime we're stuck with these shenanigans.
Take over in the wings, page-27
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Last
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $1.662B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.58 | $1.52 | $7.851M | 5.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 92601 | 6 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| GOR (ASX) Chart |