Back in April 2016 when the price dropped to us $ 1.90 the exchange rate was 77c and the cu price was Au $ 2.47.
The instos rushed for the door and drove the price down to 2.8c. One could have exited on 3X a year later. Hanging in didn't work out too badly ,what with the capital raising at 3c and the fully franked 1.5c dividend that followed.
They should very soon be in a position to pay out 70% of the first $100,000,000 of cash flow franked at 25%. Thats 3.3c a share franked up to 4.4c .
Staying in might work out pretty well.
Ann: 100m Step Out Hole at Kavanagh Hits 45.4m @ 1.2% Copper, page-28
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Last
6.8¢ |
Change
-0.004(5.56%) |
Mkt cap ! $142.4M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.2¢ | 6.8¢ | $456.2K | 6.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 251625 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 268521 | 4 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
-0.004 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.1¢ | 6.8¢ | 2370792 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| HGO (ASX) Chart |