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.
Brokers have fair value on this at well north of where it is...
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Last
96.0¢ |
Change
-0.010(1.03%) |
Mkt cap ! $145.2M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.0¢ | 93.5¢ | $238.0K | 249.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5425 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.0¢ | 3050 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| HCH (ASX) Chart |