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1.56%

6.5¢ hillgrove resources limited

Ann: Capital Raising Presentation, page-91

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mwilson25

2,686 Posts.

408

19/01/21

15:31

Post #: 50279058
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Originally posted by foyt: ↑

Hi Benz, for what it's worth, Imo, another consolidation would be a terrible idea and should only be considered on a firmly rising SP.
If it happens with no real change in the company's standing /fortunes, it will bring no more than a new floor to allow for further falls and devaluation.
In my observation this is a sure path to penny dreadful status.

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I am sure they would be too sensible to do a consolidation. Last time it was back at the pre-consolidation price within 6 months.

if they decided to do this, somebody would need to ring them up and blast them. In fact, I volunteer!!

HGO Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

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(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $136.2M

Open	High	Low	Value	Volume
6.5¢	6.5¢	6.5¢	$1.734K	26.67K

Buyers (Bids)

No.	Vol.	Price($)
3	485903	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	167119	6

View Market Depth

No.	Vol.	Price($)
3	485903	0.064
3	332000	0.063
2	145314	0.062
2	672000	0.061
3	400000	0.060

Price($)	Vol.	No.
0.065	167119	6
0.066	478229	6
0.067	143048	3
0.068	243610	3
0.069	308581	4

Last trade - 11.52am 06/11/2024 (20 minute delay)

HGO (ASX) Chart