There's a reason HCH is 78 cents, $120mc...
My money's on the market marking down HCH believing it's way out of its depth with Huasco. Given what CE said in the recent RR Symposium about water 'which was a huge commitment that's cost an extraordinary amount of time'----it could go sour and put the entire Cu project at risk, or at least leave HCH extremely vulnerable.
They could also get 3/5ths of 5/8ths of bugger all for it... after all it's only worth what someone's prepared to pay.
A bold move!
Can they execute?
$?Bill in a ? Life mine, page-27711
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Last
77.5¢ |
Change
-0.105(11.9%) |
Mkt cap ! $117.3M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 87.5¢ | 77.0¢ | $504.8K | 622.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1485 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 2432 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| HCH (ASX) Chart |