HMX 5.26% 3.6¢ hammer metals limited

Ann: Quarterly Activities and Cash Flow Reports, page-19

  1. 51 Posts.
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    Can anyone help me understand the selling? I can understand soph and insto placement participants selling down to say 0.1 to achieve the arbitrage, but why sell down to and beyond the cap raise price?
    20/01 - Trafalgar discovery announced
    25/01 - additional holes at Trafalgar announced
    09/02 - extension of the discovery announced
    With drilling to commence in the coming days (as announced), history tells us that within 3 weeks we will likely hear about assay results from further extensions to the discovery. JOCMEG seem to think it will be extended? What am I missing? This is on top of the 100% owned ground drilling that is commencing concurrently?
 
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Last
3.6¢
Change
-0.002(5.26%)
Mkt cap ! $31.91M
Open High Low Value Volume
3.6¢ 3.6¢ 3.6¢ $1.549K 43.01K

Buyers (Bids)

No. Vol. Price($)
4 816429 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 258634 3
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Last trade - 10.47am 11/07/2024 (20 minute delay) ?
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