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4.94%

85.0¢ hot chili limited

Ann: CAD$30M Funding Arranged for Canadian Dual-Listing, page-510

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Camma8

281 Posts.

62

18/12/21

14:29

Post #: 58386026
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Originally posted by Motors: ↑

yep, at the start of 2020 HCH had 35 million shares on issue, come 21 Dec it will have 106 million shares on issue, dilution of this enormous magnitude at $1.6/$1.7 will always weigh on a stock, + don't see any sign of serious insto support outside the Machiavellian Glencore.

And then Grade challenged seems to be the fundamental story, SLS CN (at record highs, $CAD 1.7 bn mkt cap, as we speak) , has 0.73% average copper equivalent, with plenty of holes showing 1% copper, we are at 0.50% average without many holes towards 1%? The market seems to be saying 0.5% CU average or below will struggle to be commercial?

Technically the breakdown below $2.00 (huge support) is looking more entrenched this time, with 20 million shares printed at 1.6/1.7 (option adjusted). Can $1.60 major low hold..sigh. We need a series of assays towards 0.70/0.80%, but I'm guessing that's not what we're getting in, if they come in Sub 0.50/0.60% I'm guessing the sell off can get extend further than we're prepared for...GLTAH

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Not sure if this has been posted here, imo anything at 0.5+ is a fine result
the copper shortage and issue is about to become front and centre, price over $5 in the coming months and as the table just posted ^^^ not many above 0.5%

All IMO

HCH Price at posting: $1.72 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 85.0¢		Change 0.040(4.94%)		Mkt cap ! $128.7M

Open	High	Low	Value	Volume
80.0¢	85.0¢	80.0¢	$74.52K	88.87K

Buyers (Bids)

No.	Vol.	Price($)
1	2000	82.0¢

Sellers (Offers)

Price($)	Vol.	No.
85.0¢	44872	5

View Market Depth

No.	Vol.	Price($)
1	2000	0.820
2	2000	0.800
2	13658	0.790
4	36869	0.785
5	26150	0.780

Price($)	Vol.	No.
0.850	44872	5
0.860	4357	2
0.870	3962	1
0.880	44458	2
0.890	133261	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

HCH (ASX) Chart