RDG is a fair comparison for HVY. Whilst it has a few value add aspects of the bigger business they don't account for a great deal. In Dec 20 RDG acquired their Garnett operations and its mc was 1/4 of what it is today. 1-2 years from now and I fail to see why our mc is not comparable given similar if not better grades. Comparing RDG mc in 2020 to hvy now (similar stage of Garnett operation) and it certainly makes for a reasonable punt and risk v reward scenario.
RDG is a fair comparison for HVY. Whilst it has a few value add...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.045M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 12.0¢ | $1.5K | 12.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 158545 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 4103 | 1 |
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| Last trade - 13.05pm 21/10/2024 (20 minute delay) ? |
| HVY (ASX) Chart |