HGO 4.69% 6.1¢ hillgrove resources limited

the next six months, page-6

  1. 77 Posts.
    Yaq,

    I couldn't disagree more. I don't want to see them take another dollar. Can you imagine the slaughter of the share price that would result if HGO tries to raise any additional cash through debt or shares?

    Suspend all Indo exploration activity immediately for at least one year. BETTER YET... SELL THE PROJECTS TO A MAJOR AND TAKE A ROYALTY. That's all they'll get in the end anyway. No major is going to parner with HGO in any meaningful way.

    I'm so sick of these guys spending like they are a cash-rich major. Time to SLOW WAY THE HECK DOWN and wait until they really are cash rich in about a year or two from now. Then I want the first $200 million given out as dividends to all of us shareholders that have suffered for many years under HGO's gross mis-management.

    There are no words to express how badly I want out of this investment. I just wish these guys would quit screwing up long enough for me to escape at something close to fair value.

    You are missing the biggest issue that HGO is facing. If you want to understand why we are trading at today's level, look no farther than your HGO management... NO CREDIBILITY! Trust is gained in inches and lost in yards. HGO management is deep in a hole when it comes to regaining any trust. It will take years to grow there way out of that hole. In fact it may be impossible.

    The best thing that could happen is a buyout, even at today's depressed valuation. Give me a 40% premium over today's pathetic share price and I'll take it.
 
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Last
6.1¢
Change
-0.003(4.69%)
Mkt cap ! $127.8M
Open High Low Value Volume
6.3¢ 6.3¢ 6.1¢ $209.1K 3.386M

Buyers (Bids)

No. Vol. Price($)
1 250000 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 756577 8
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Last trade - 14.05pm 07/11/2024 (20 minute delay) ?
HGO (ASX) Chart
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