I'm trying understand why what appears to be a small number of sales volumes continues to erode HGO - if I look at the Aud$ price of Copper since Oct. 10th, the FX rate appears to have for the most part more than covered the US$ pricing changes. In, Aud$ terms Copper has been fairly static - correct me, if I am wrong please.
Then look at the HGO SP - Oct. 10th $0.54, today it has hit $0.44, less than half the recent analysts price point!
Is it the current market environment? - those not in the know running for the gate? OR are these small number of sales being made by those in the know?
What is the conscensus out there?
Cu AUD$ stble for 2 Mths?
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Last
5.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 173101 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 8655 | 4 |
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| Last trade - 10.04am 06/09/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
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