I was encouraged by Thursday's exploration results and have taken a decent sized position in the heads (for liquidity) and options (for leverage) for the upcoming EM and follow on drilling program.
With regards to management I will be contacting them next week and will question them about why they haven't developed a project in their own right before. Then I'll ask what their intentions are in Chile. Then I plan to make sure they are aware of investors feedback on past performance from here.
Anyway, I feel that there is decent upsaide in the near term. If the price breaks 7 cents then I think 8 cents could come quickly. I have also taken note of the juicy gap between 10.5 and 11.5 cents. On good news this could easily get filled.
Both the daily and weekly charts look pretty good to me. The key to this breakout is the volume which, as J8 pointed out, was the highest in more than 2 years. I'd say it is looking like this breakout has legs at the moment.
- Forums
- ASX - By Stock
- HLX
- now what
now what, page-10
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HLX (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.68M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $14.20K | 3.142M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 42913831 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 28913135 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 42913831 | 0.004 |
34 | 50807970 | 0.003 |
55 | 163196974 | 0.002 |
15 | 96099981 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 28913135 | 19 |
0.006 | 37127431 | 29 |
0.007 | 13120117 | 9 |
0.008 | 15748969 | 10 |
0.009 | 10522302 | 7 |
Last trade - 15.49pm 06/09/2024 (20 minute delay) ? |
Featured News
HLX (ASX) Chart |