HGO 1.59% 6.4¢ hillgrove resources limited

controlled price , page-6

  1. 3,666 Posts.
    Cook,

    The fundamentals will assert themselves. As long as retail shareholders do not suffer from a narrow short-term outlook.

    These instos and the financiers were happy to buy into HGO at 25 cents, because they knew that this provided them a good margin of safety. They know that HGO as a copper producer is worth a lot more.

    Let the instos plays their games and earn a little money on the side whilst they wait for Kanmantoo - its production, cashflow, reserves upgrades, throughput increases and the like.

    The main game is the company transitioning from an explorer/developer to a producer. Use the controlled price as an opportunity to accumulate, OR, do as they do and trade against the instos and frustrated retail holders. The instos are fairly predictable, after all. :)

    Buy low in the band, sell high. And ignore the 'depth'. It is an illusion. Or, just sit back and let time do the rest...

    Yaq
 
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Last
6.4¢
Change
0.001(1.59%)
Mkt cap ! $134.1M
Open High Low Value Volume
6.4¢ 6.4¢ 6.1¢ $114.1K 1.820M

Buyers (Bids)

No. Vol. Price($)
1 199989 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 425332 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
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