HI Ebor,
HGO used to be a lobster trap with all us lobsters locked in with no way out. At least we have a lot more shares on issue and a bit more liquidity so its possible to sell a few shares without smashing the price too hard.
HGO certainly has a lot of value trapped in it that shareholders can't get their hands on. Its important to remember that you haven't had to pay much for those assets for the last 5 years and we have had a 1.5c fully franked dividend and if the $200m in the study comes home and they distribute 60 % of it we could be in for 10 cents in 50% franked dividends in the next three years plus $80m spare cash to explore and open up new mine fronts to put a long LOM ahead. Thats what is needed to get the Share Price UP.
Assets that are costing $500k a month to maintain and aren't earning anything will always be a bargain.
HGO is sick at the moment but getting well fast . Maybe send Lachlan a Get Mining Fast card for Christmas.
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HI Ebor,HGO used to be a lobster trap with all us lobsters...
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $113.1M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.3¢ | $165.3K | 3.108M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 537539 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 487724 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 537539 | 0.053 |
3 | 137934 | 0.052 |
5 | 868470 | 0.051 |
6 | 340592 | 0.050 |
1 | 60000 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 487724 | 5 |
0.055 | 380000 | 3 |
0.056 | 149230 | 2 |
0.057 | 517817 | 2 |
0.058 | 66701 | 4 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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