GOR 1.28% $1.58 gold road resources limited

Take over in the wings

  1. 314 Posts.
    lightbulb Created with Sketch. 60
    GOR share price is being driven down to create an anchor point. If it gets down to $1 and then MB offers $2, it looks like a huge premium.I held Viralytics VLA for many years and a couple of months before a take over offer was made, the share price was driven through the floor despite great results at the time. From $1.30 to $0.68 at its lowest. When Merck made their offer of $1.75 it looked relatively great. “Under terms of the agreement, Merck will pay $394 million for Viralytics, which represents a 160 percent premium to the weighted average price of Viralytics common shares over the past month”
    What is currently happening to GOR share price smells and feels the same, I suspect we are being plucked for the pot.
 
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Last
$1.58
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Mkt cap ! $1.709B
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$1.61 $1.61 $1.57 $7.733M 4.883M

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No. Vol. Price($)
1 15000 $1.57
 

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Price($) Vol. No.
$1.58 38446 2
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$1.57
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