Certainly good to see.
Directors can't subscribe to placements without share holder approval which is fair enough, so it's always good to see them buying on market after the placement. Also good to see Freepoint taking their full allocation to stay @19.9%
The Key takeaway here is that its good discipline to buy at the bottom.
Those who did have done very well out of HGO.
11/16 issue at 3.1c reduced by a 1.5c fully franked dividend
02/22 issue 3.1c Lachlans First.
04/23 issue 5.3c
02/24 issue at 6c
Doubling in 2 yrs is an IRR of 36% which is pretty good and just the beginning.
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2 | 187900 | 0.061 |
4 | 195000 | 0.060 |
4 | 127119 | 0.059 |
3 | 338637 | 0.058 |
Price($) | Vol. | No. |
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0.064 | 1603686 | 6 |
0.065 | 1411086 | 4 |
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