Yabster,
I don’t argue with fools- I educate.
With over $200 million sitting in the company in cash and tax franking credits equivalents this equates to over 23.5c a share.
Therefore at a closing price of $1.08 yesterday this values all the other assets of Gor (and potential future income) of the company at less than .85c and falling ...why?
I suppose we should feel privileged that those three major announcements have kept the share price so high and buoyant?
It won’t matter to you , me or any other holder if the gold price goes to $10,000 an ounce, if this is stolen from shareholders you won’t see any upside value.
IMO Other companies would be watching this very closely.
JMT
Cheers Aussie
Takeover Target, page-21
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Last
$1.73 |
Change
0.060(3.59%) |
Mkt cap ! $1.874B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.78 | $1.71 | $25.98M | 15.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40541 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 46799 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GOR (ASX) Chart |