At sub $5M market cap the company can no longer justify 4 directors. ONE HAS TO GO to cut costs. Yes it is a shame to dispose of assets, but when the alternative is administration they have no choice but to be a distressed seller. I have little faith that things will happen fast. For me the most disappointing feature of this company is the tired, glacial pace that things happen at. Those who put their money in last November at 1.8c have seen a third of their investment vanish without a single drill result announced! It really is just not good enough that Helix cannot manage to drill and assay and announce a single hole in 3 months!
Ann: Quarterly Activities Report, page-36
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $13.05M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.603K | 400.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 29459527 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 35596611 | 27 |
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| Last trade - 10.04am 08/11/2024 (20 minute delay) ? |
| HLX (ASX) Chart |