Hi Sowens, I would say yes. The value has been dropped by 7.5 to 5.8 or 23%. They really had something, high investor trust by pulling this off without diluting the stock furter than they said they would. Being on time and on budget. But they are no longer on budget, diluting immediately as they went into production means what they raised to go into production was not enough. The stock is almost back to where I bought it over a year ago at .055, all that progress poof. I would have preferred they cashflowed their way to pay for drilling the Deeps. Was willing to wait.
Cheers
Ann: $10 Million Placement To Fund Mine Extension Drilling, page-46
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Last
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $171.6M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.2¢ | 8.0¢ | $438.5K | 5.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 825696 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 148933 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
8.2¢ |
Change
-0.002 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| 8.3¢ | 8.3¢ | 8.0¢ | 1662882 | ||
| Last updated 15.13pm 24/05/2024 ? | |||||
| HGO (ASX) Chart |