Its all about sentiment. Hav are in the right place with EV revolution. The world is looking for a safer supply of cobalt and there is anticipated copper shortfall. There have been few major copper discoveries in recent years with industrial issues in Chile.
Obviously, anticipated gold production from portia was substantially lower than expected depressing the SP and subsequently the poor conversion of options. HAV was never about portia it has always been a copper play with rest icing on the cake.
Just have a look at lithium stocks over the last couple weeks and you can see what may happen to hav.
My worry is HAV is now vulnerable to a take over at a low premium.
Its all about sentiment. Hav are in the right place with EV...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.57M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $5.223K | 28.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19200 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 12820 | 1 |
View Market Depth
| Last trade - 14.02pm 18/09/2024 (20 minute delay) ? |
| HAV (ASX) Chart |