Australia's largest stock trading and investment forum Australia's #1 stock forum

HLX

Click for more information

16.7%

0.3¢ helix resources limited

Ann: Copper Mineralisation Intersected at Canbelego, page-14

First 14 Last

Share
Profile

Follow
Allstock

435 Posts.

47

07/02/23

16:12

Post #: 66122817
Share

Originally posted by amb005: ↑

Not too sure on when they entered, or their motives, perhaps some longer term holders will be able to help you out there, I can just see from the last annual report they were the top holder with 125 million shares, and then they have been selling off since Feb this year as seen in the ceasing to be a financial holder form:

View attachment 5042338

Because now they are under the 5 % holding to classify as a substantial holder we wont be getting any more notifications of their selling. We know they have around 116 million left, and if they want to sell the entire holding will probably stifle upward momentum until we can churn through it all , today got through 13 mill, if you compare their amount of volume to what they have done previously, its approx 62% of the volume on the 3rd of Feb (they sold 5 mill out of 8.8 mill traded) maybe they got rid of another 8 mill today. Another 108 mill to go!

All speculation who knows whats up, just going to be a bit of a buzz kill for a little bit when our biggest holder is exiting, but they come with some good results and all thats out the window!

Expand

They bought recently. Even if they sell all at 0.008 they still making money.

HLX Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

There are more pages in this discussion • 15 more messages in this thread...

First 14 Last

Add HLX (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $8.160M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$86	33.36K

Buyers (Bids)

No.	Vol.	Price($)
81	181057554	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	14685115	5

View Market Depth

No.	Vol.	Price($)
81	181057554	0.002
25	105187981	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	14685115	5
0.004	51633303	44
0.005	21068840	21
0.006	14917550	15
0.007	7529166	6

Last trade - 13.10pm 29/07/2024 (20 minute delay)

HLX (ASX) Chart