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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Tail wagging the dog?, page-7
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $113.1M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.4¢ | $183.5K | 3.363M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 503250 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 18000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 503250 | 0.053 |
6 | 525381 | 0.052 |
4 | 737608 | 0.051 |
3 | 630230 | 0.050 |
3 | 461200 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 18000 | 1 |
0.056 | 150000 | 2 |
0.057 | 170000 | 1 |
0.058 | 140000 | 1 |
0.059 | 109773 | 1 |
Last trade - 15.54pm 15/11/2024 (20 minute delay) ? |
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HGO (ASX) Chart |
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BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
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