I swore I wasn't going to post on HC again because of so many negative posts that were not constructive and were only serving to create doubt in peoples minds. I am still holding, getting very impatient but with a market cap of only $37/38 million its a hard call deciding whether to stick it out of cut our losses. I never thought I would be close to even with this stock, but like they say when people are selling for no reason, its time to buy. Unfortunately I bought more stock at the 8 cents level which caused my average to increase to around 2 cents. I know many bought in for the first time at 8 cents but goes to show we really need to keep an eye on the quarterly report and their cash in bank / forecast expenditure in the next quarter. I was warned by GT55 about the July 2021 quarterly but I didn't listen because I felt the news of the MR approval was enough to keep the price between 6 - 8 cents. GT55 was 100% with WWI but when he saw that quarterly he quickly exited the stock knowing they needed to raise funds urgently because basically they had run out of money. I wish I had listened to him. Never did I think for a minute the price would get down to 2 cents and the possibility it will go lower as more funds are raised under the current finance facility.
Wizza22, your post of a few weeks ago on 12 Jul 22 sounded promising that a deal had been done for toll treatment and that finance was not to far away and that the company has had a few delays that were outside of WWI management control.
Wizza22, is this still the case but I do find it strange that a phone call to WWI Melbourne office; that they would give you such information which is surely price sensitive. I have tried in vain to get information out of management and they wont tell me anything, other than things are progressing as per last quarterly report. I really thought in this quarter May - July they would of achieved at least one goal but nothing and I am not sure if works are continuing on the ground in SA either. It will certainly be interesting to find out how much funds they have left in the upcoming Quarterly but it will not take into account funds raised or spent in July so already there are doubts about the quarterly.
The cap raising a few weeks ago was a strange one. Why so small and why not rounded up to say $400,000.
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1.5¢ |
Change
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Mkt cap ! $38.12M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $8.948K | 597.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1112548 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.5¢ | 2265181 | 4 |
View Market Depth
No. | Vol. | Price($) |
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4 | 1112548 | 0.014 |
10 | 6634253 | 0.013 |
5 | 2365077 | 0.012 |
12 | 1966032 | 0.011 |
9 | 1908999 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2265181 | 4 |
0.016 | 2407165 | 5 |
0.017 | 2886499 | 8 |
0.018 | 892545 | 3 |
0.019 | 833001 | 3 |
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