HGO
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1.52% 6.7¢ hillgrove resources limited

what is the hgo, page-2

  1. Skinnyman
    308 Posts.
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    03/06/09
    15:51
    Post #: 5238581
    The problem is HGO keep issuing new shares at below market price and thus significantly undervaluing their ESG asset. Theres no point having exposure to ESG through HGO if they keep diluting existing holders to keep hold of their ESG shares and options. They should either sell some of their ESG or raise capital via a rights issue in which all existing shareholders can participate.
    HGO Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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