I said when HGO was sitting above 50c that management needed to instigate a share buy back to support the share price instead of chasing the dream of paying a dividend to appease a few share holders. Nothing has changed! If HGO has free cash flow then I believe $1M would be more beneficially used to buy back shares. Waste of time paying dividends when shareholders have lost 50% of their investment in the last 4 months. With regards to the current weakness in price, I suspect someone is deliberately forcing the price down or if not the 5 sellers at 36.5c building a wall of 300K shares are not very intelligent. There were 7 sellers at 36.5c yesterday. My opinion is share price to continue to be trashed on low volume and then out of the blue a T/O for something ridiculous like 45/50c. Notice how the directors are showing the way by digging deep and buying heavily discounted shares! NOT! Shows what they think of HGO's prospects!
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Last
6.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $127.8M |
Open | High | Low | Value | Volume |
5.9¢ | 6.1¢ | 5.8¢ | $339.2K | 5.792M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 103904 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 168658 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 103904 | 0.060 |
1 | 10000 | 0.059 |
6 | 513255 | 0.058 |
10 | 858277 | 0.057 |
9 | 654731 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 168658 | 2 |
0.062 | 140000 | 1 |
0.063 | 260829 | 2 |
0.064 | 1105569 | 1 |
0.065 | 148942 | 4 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |