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
$1.06 |
Change
-0.065(5.80%) |
Mkt cap ! $152.2M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.12 | $1.04 | $806.6K | 761.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 2196 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.065 ( 5.83 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.10 | $1.05 | 151468 | ||
| Last updated 15.49pm 27/05/2024 ? | |||||
| HCH (ASX) Chart |