HLX 0.00% 0.3¢ helix resources limited

Ann: Appointment of Managing Director, page-41

  1. 4,977 Posts.
    lightbulb Created with Sketch. 2640
    Interesting find @11up, but there is another card in the pack and that is Yanadal Investments who is the largest shareholder. I am sure they wield a lot of clout. The business cycle is now in favour of copper and that is where the money is and no business man would let that go. It would seem copper goes with tin in the positioning. You may not know that Yandal Investments is the large investor behind MYL which could be in deep dodo in Myanmar with the military coup and sanctions being slapped on exports by the free world. I would expect that Yandal's investment in other companies would have to make up the shortfall if that transpires. I think that should assist the development of HLX. These big boys do things at their own pace, but I think the pace will quicken because they would have put in plans for a critical path to production for income flow seeing they hold most of the stock. HLX has been run down over a long time for the large stakeholders to have their fill. Its small beer if it runs down any further except for a few traders trying to gain a pip or two. That volume of held stock and the copper price should add to their personal fortunes. Old Rothchild's boys might be in this one for themselves in their old age. I'm happy to sit with a few I have. Only a couple of weeks and we are into March when there will be movement at the station IMO. Anyway just a few thoughts, could be wrong, time will tell and you got to be in it to win it.
 
watchlist Created with Sketch. Add HLX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $9.792M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $44.08K 14.69M

Buyers (Bids)

No. Vol. Price($)
88 193899197 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 36892268 24
View Market Depth
Last trade - 11.12am 19/07/2024 (20 minute delay) ?
HLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.