Hi Alee,
The unexpected CR in January that was accompanied by a spike in short selling knocked HGO's big run up in November and December 23 for a six.
The unexpected resignation of Lachlan in June which again bought on persistent short selling has held HGO back. The short seller must be getting a bit uneasy if he is still in.
It looks to me like Bob's first introductory presentation to investors was extremely well timed and well received.
The drop in in Interest rates in both china and the us certainly is a strong sign that growth is on the way back into the world's economies.
This will inevitably bring growth back into earnings and that will drive much higher PER ratios like the ones experienced in the second half of 2020 and 2021.
Looks like we have had our necessary 3 bad years. Hopefully we are in for a magnificent 7.
Hi Alee,The unexpected CR in January that was accompanied by a...
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Last
6.6¢ |
Change
0.004(5.60%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.8¢ | 6.4¢ | $559.0K | 8.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1802268 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 453349 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| HGO (ASX) Chart |