HGO 1.61% 6.3¢ hillgrove resources limited

Now I know that you are all quietly analysing the result (and...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,876 Posts.
    lightbulb Created with Sketch. 576
    Now I know that you are all quietly analysing the result (and quietly saying to yourselves "must accumulate more as quickly as possible before HGO hits some headlines and attracts others"), but I know you all want to check/test back against previous assumptions, estimate and guesses (the company's and your own) and, in amongst that, you will be asking yourselves "what did @curiouswon predict?".

    Well, you will have read previously on 10 July the careful analysis and prognostications of @curiouswon, being:
    https://hotcopper.com.au/threads/guess-this-upcoming-quarterly-profit.8085174/?direction=previous
    with the conclusion:
    "10. So quarterly cash flow would then be about $3.8M."

    How did that turn out?
    Today's Report from Hillgrove:
    " 31% improvement in liquidity from March Quarter of A$11.7m to A$15.3m in the June Quarter."
    That is a positive cash-flow for the quarter of $3.6M.

    So, the prediction was exact within the quantum of the rounding margin represented by the contents of the CFO's petty cash tin!

    I am certainty not posting this for vanity reasonsrolleyes.png, or to burnish my (to be honest, pretty exalted) investment reputation, or to cause you to genuflect in my direction (most of you are probably too aged for a lot of genuflection).

    Just to say, nice cash flow, and HGO is progressing in a somewhat predictable manner - NICE!
 
watchlist Created with Sketch. Add HGO (ASX) to my watchlist
(20min delay)
Last
6.3¢
Change
0.001(1.61%)
Mkt cap ! $132.0M
Open High Low Value Volume
6.2¢ 6.4¢ 6.2¢ $175.7K 2.788M

Buyers (Bids)

No. Vol. Price($)
4 835715 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 555586 1
View Market Depth
Last trade - 15.58pm 08/11/2024 (20 minute delay) ?
HGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.