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Hi BenjiboyWelcome. I think you've hit the nail on the head with...

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    05/04/22
    09:06
    Post #: 60649354
    Hi Benjiboy
    Welcome. I think you've hit the nail on the head with your analysis. Only existing holders can access the placement (or rights issue or whatever it is called) at 1.2. One would expect the SP to trend back towards those levels especially if holders immediately sell their new shares.
    Also it is a pretty thinly traded stock (low volume) so a few 'pips' (by which I mean, increments of 0.001) don't mean very much day-to-day.
    Regards,
    HLX Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $6.728M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
101 203420736 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 29709160 24
View Market Depth
Last trade - 16.21pm 31/07/2025 (20 minute delay) ?
HLX (ASX) Chart
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