Back in April 2016 when the price dropped to us $ 1.90 the exchange rate was 77c and the cu price was Au $ 2.47.
The instos rushed for the door and drove the price down to 2.8c. One could have exited on 3X a year later. Hanging in didn't work out too badly ,what with the capital raising at 3c and the fully franked 1.5c dividend that followed.
They should very soon be in a position to pay out 70% of the first $100,000,000 of cash flow franked at 25%. Thats 3.3c a share franked up to 4.4c .
Staying in might work out pretty well.
Back in April 2016 when the price dropped to us $ 1.90 the...
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Last
8.4¢ |
Change
-0.003(3.45%) |
Mkt cap ! $175.8M | |||
| Open | High | Low | Value | Volume |
| 8.4¢ | 8.4¢ | 8.2¢ | $470.5K | 5.667M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 542024 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 434162 | 2 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
8.3¢ |
Change
-0.003 ( 4.05 %) |
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| Open | High | Low | Volume | ||
| 8.4¢ | 8.4¢ | 8.1¢ | 1555185 | ||
| Last updated 14.40pm 23/05/2024 ? | |||||
| HGO (ASX) Chart |