There's a stake in a listed gold miner that every broker on St George's Terrace is watching like a Hawke.
Street Talk understands brokers are crawling all over mining investor Hawke's Point's substantial stake in runaway $520 million gold play Capricorn Metals, assuming the asset manager likes to buy low and sell high.
Hawke's Point – which is part of the New York-based Tetragon Financial Group – has been a substantial shareholder in Capricorn since March 2017.
Back then, it paid $6.4 million, or 11.7¢ a share, for a 10.12 per cent stake.
Capricorn shares closed at $1.60 on Wednesday,
Ann: New Exceptional Drilling Results at Link Prospect, page-52
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Last
13.8¢ |
Change
-0.013(8.33%) |
Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.8¢ | $59.03K | 421.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 991147 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 175756 | 3 |
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| Last trade - 15.49pm 05/08/2024 (20 minute delay) ? |
| RXL (ASX) Chart |