Brokers have fair value on this at well north of where it is now. If they can accumulate at current price then they are increasing their profits, and also de-risking if they have got it wrong so they're not paying "overs".
Alternatively, a capper could be a broker working for a prospective miner who is considering a TO and want's to put a low-ball offer in.
Either way, I am going to keep taking bites out wherever possible.
Ann: MINERAL RESOURCE AND ORE RESERVE STATEMENT -30 JUNE 2020, page-34
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Last
77.0¢ |
Change
-0.020(2.53%) |
Mkt cap ! $116.5M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 78.0¢ | 75.5¢ | $20.56K | 26.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5973 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 11894 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| HCH (ASX) Chart |