HGO 2.78% 7.4¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-293

  1. VYR
    4,516 Posts.
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    A few thoughts while we watch the traders at work.

    IMO TA is worth FA and FA is the road to riches.

    Unfortunately some investors think others know more than they do and are guided by what the market is doing. In low liquidity small caps the market swings like a pendulum from under value to over value. Knowing what the underlying value should be on a commercial risk / return reward calculation based on forecast earnings gives one the ability to know with a reasonable degree of certainty when the technical forecast is heading in the wrong direction and thats the secret to growing rich if you are risk tolerant enough to invest in equities.

    With companies like HGO which has top 200 potential the market will eventually get it right and accumulating, when the traders, sub underwriters and brokers who received share based fees have finished pumping and get into dumping, makes very good sense.

    https://hotcopper.com.au/data/attachments/5879/5879255-d999660f6aaf7b6a0047ba305f9806a8.jpg
    https://hotcopper.com.au/data/attachments/5879/5879258-11b0d0a48006146e2e374f215a09c469.jpg





 
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(20min delay)
Last
7.4¢
Change
0.002(2.78%)
Mkt cap ! $155.0M
Open High Low Value Volume
7.0¢ 7.4¢ 7.0¢ $145.2K 2.005M

Buyers (Bids)

No. Vol. Price($)
5 912053 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 226563 3
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
HGO (ASX) Chart
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