If someone could come along and buy up the all of the remaining...

First 89 Last

Share
Profile

Follow
Hasra

451 Posts.

91

12/05/20

13:28

Post #: 44573673
Share

Originally posted by TradeX8: ↑

End of April Top 20 Held 160.5m or around 58% of the company's issued capital.

The three new entries to the top 20 had bought approximately 6m shares. Im assuming they have added to their positions since then.

So basically there are 114.8m shares held outside of the top 20.

Possibly there is accumulation going on and based on HC there are a lot of DTs in this stock scalping the market for a cent here and there.

As time goes on and there is more accumulation the day traders will be caught out and will leave to go play somewhere else.

The company is moving forward, has cash in the bank and is certainly aligning itself with strategic partners globally to distribute its products.

There will obviously be a lag and then IMO we will have a sharp rise upwards in the share price to coincide with everything that is currently happening.

Government tenders are normally for a minimum of 12 months, some loner 24 to 36 months.

If judging by the last order of $3.8m HCT recently announced for three months worth of supply, if you times that by 4 one could assume the Government Tender could be at least 4 times that or around $16m. IMO I would believe it would be far higher than $16m considering the amount of hospitals and other Government Departments there are in the UK. So one needs to make some form of assessment to what that figure could be.

Could it be a $15m, $20m or higher like $50m plus tender??

Over 12 months at $5m per month that would equate to $60m. If you worked out how many Government Departments they would be supplying to me $5m per month IMO would be inadequate and would need to be much higher.

Any way they are my thoughts

Expand

If someone could come along and buy up the all of the remaining shares so we can get to $10 that would be great.

HCT Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

There are more pages in this discussion • 48 more messages in this thread...

First 89 Last

Add HCT (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $1.394M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	805835	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	583395	4

View Market Depth

No.	Vol.	Price($)
3	805835	0.005
3	1737805	0.004
6	2760000	0.003
3	2068888	0.002
0	0	0.000

Price($)	Vol.	No.
0.007	583395	4
0.008	390000	2
0.009	40000	1
0.010	461632	4
0.012	400000	1

Last trade - 10.04am 04/07/2024 (20 minute delay)

HCT (ASX) Chart

Day chart unavailable

If someone could come along and buy up the all of the remaining...

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Latitude 66 Shares Surge 8900% on Promising Exploration Update

ACCC raises competition concerns about acquisition of Lendlease projects

Askari sets exploration target of up to 323K ounces Au at Burracoppin

XReality Group wins $800K contract from Aus Government for military and police VR training tech

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

If someone could come along and buy up the all of the remaining...

Top Stories

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Latitude 66 Shares Surge 8900% on Promising Exploration Update

ACCC raises competition concerns about acquisition of Lendlease projects

Askari sets exploration target of up to 323K ounces Au at Burracoppin

XReality Group wins $800K contract from Aus Government for military and police VR training tech

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News