Hi Ducky,
The share price is very disappointing but the market is total crap at the moment and as night always follows day we will wake up one morning to a very pleasant surprise.
Nothing to see in the short selling.
Ariadne is a predator that swoops on assets that are struggling to survive not companies that have strong balance sheets and profitability on the horizon. Their strategic plan for HGO would the same as all predators i.e. to buy at the bottom and to exit when the big gains are in the bag and there is still a bit left for the more conservative investors to get them to part with their cash.
The current selling is probably driven by traders who realise the price is easy to manipulate and shareholders who need cash at any price.
Hi Ducky,The share price is very disappointing but the market is...
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Last
8.8¢ |
Change
0.007(8.64%) |
Mkt cap ! $184.2M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.9¢ | 8.2¢ | $1.776M | 20.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 675623 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.8¢ | 635633 | 5 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
8.8¢ |
Change
0.007 ( 8.64 %) |
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| Open | High | Low | Volume | ||
| 8.3¢ | 8.9¢ | 8.3¢ | 8311633 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| HGO (ASX) Chart |