Yes cu price is around the same price HGO has hedged its copper. The market seems to be pricing in lower cu prices in the future. HGO's best bet is to give the divvy idea the flick and use the money where it will give more bang to shareholders and commence a share buy back. Paying a divvy in this market is just going to see the shares sold down by the divvy amount. If HGO breaks 50c psychological barrier then it will not be good.
Analyst reports, page-13
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Last
6.3¢ |
Change
-0.002(3.08%) |
Mkt cap ! $132.0M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.7¢ | 6.1¢ | $388.8K | 6.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350000 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 355323 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| HGO (ASX) Chart |