It's just business, it had to be done at some point. Shorters were all over HCH, they were killing our value with death by a thousand cuts. Who knows how long that would have lasted?
By giving Glencore a chance to buy a seat on the board CE has hit it out of the park. He really really wants to see this through to a profitable mine, and with our new long term very safe hands Glencore sitting beside CE, I believe he can actually do this. By securing this deal it shows business maturity, CE now wears the converted " Global business . Man" title, and deservingly so, he has come a long way, and he is growing to become a very good company leader. I backed him with my wallet on Friday, and I'll back him into the future.
COPPER WILL BECOME KING
Ann: $40M Arranged to Acquire Cortadera & Deliver Resource Growth, page-54
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Last
94.5¢ |
Change
-0.025(2.58%) |
Mkt cap ! $143.0M | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $119.9K | 125.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3042 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 6531 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |