Someone will be holding the new shares during the drilling program. They won't just evaporate in to outer space.
I'm also sure that the risks and the benefits were well explained to those who put up the funds.
But if they failed to understand and just took a punt then there may be more sellers. No one knows but the holder and the observer of the trade.
It's just a transfer of risk and benefit according to how the holder sees their own capacity to handle risk and benefit.
Looking at the News agent when a big prize is in the Lotto, I see that a lot of Australians want to be rich despite the almost impossible odds.
PVD have odds in favour of the punter at the moment and the punter is a seller because they can't figure out how good this is.
No wonder most people get nowhere.
The odds are well and truly in favor of the holder at the current price. That doesn't guarantee a win. Just a much better chance to win than to loose.
Cheers all,
- Forums
- ASX - By Stock
- HHR
- Like Unexploded Ordinance
Like Unexploded Ordinance, page-10
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add HHR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $18.25M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $2.843K | 472.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 19621686 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 32133315 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 19461686 | 0.006 |
24 | 6029943 | 0.005 |
9 | 5152500 | 0.004 |
3 | 3816666 | 0.003 |
4 | 7200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 32028188 | 23 |
0.008 | 6096070 | 7 |
0.009 | 2250000 | 4 |
0.010 | 1360000 | 7 |
0.011 | 743000 | 1 |
Last trade - 11.10am 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
HHR (ASX) Chart |