Admin costs also involve office, audit, listing fees, travel,...

First 67 Last

Share
Profile

Follow
sergeant

6,200 Posts.

488

19/12/23

21:10

Post #: 71535772
Share

Originally posted by aero39 ↑

Agree with most except management having done well. What have they actually done that could not be done by a reasonably qualified project manager?

When they were supposed to step up the game during the transformational CR (divestment) it was soon revealed that it was all about their personal gains first and foremost. The shady behaviour made large holders and institutions to fight for the exit, and the likely hood of them ever again trust the management is very small.

Last financials shows 1,3 or 1,4 M$ admin costs. Most be some good looking receptionist. What admin costs come to that level?

The team hired in are top qualified in exploration. Great, if you are exploring, not so good if you are linking wells to pipelines and going into production.

I do think the price will go up eventually. Well, hope is probably the right word. Kind of surprised the winter didn't provide some relief. I would imagine many retail investors are looking at opportunity costs having to hold this another 12-15 month. Best thing would be if RRE took over the scraps and took us out of our misery, but at current price levels it takes more talent than the current management has demonstrated.

If 2,2 breaks to the down side the measured move is 1,5 first stop and then 1,1. The upside having 2,9 as resistance followed by 3,1 and 3,9. In other words we are ranging as long as we stay between 2,2 and 2,9.

Perhaps the alien intelligence(AI) software have better suggestions.

Expand

Admin costs also involve office, audit, listing fees, travel, marketing, etc etc.
Given that audit and listing makes up nearly $1 mill, I’m not fussed about that.

HHR Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

NRX

Noronex joins forces with South32 to look for copper in Namibia

DMP

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

There are more pages in this discussion • 7 more messages in this thread...

First 67 Last

Add HHR (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $16.85M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
32	13024443	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	7883185	11

View Market Depth

No.	Vol.	Price($)
32	13024443	0.006
21	9610780	0.005
9	4820833	0.004
2	3600000	0.003
2	3750000	0.002

Price($)	Vol.	No.
0.007	7883185	11
0.008	2072204	7
0.009	3085000	6
0.010	2466000	7
0.011	1020777	2

Last trade - 16.00pm 18/07/2024 (20 minute delay)

HHR (ASX) Chart

Day chart unavailable

Admin costs also involve office, audit, listing fees, travel,...

Evolution shares up 3% on quarterly results for June showing rise in gold production

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Noronex joins forces with South32 to look for copper in Namibia

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Admin costs also involve office, audit, listing fees, travel,...

Top Stories

Evolution shares up 3% on quarterly results for June showing rise in gold production

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

AI stocks: What to expect in 2024-25

Noronex joins forces with South32 to look for copper in Namibia

Domino's locks in biggest faller status on Thursday as it closes stores in Asia, Europe

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News