"Why does everyone want money this month???"
Because the majority of people that play in the ASX microcap space are gamblers, not investors. A week is an eternity for some and God forbid having to wait a few years. Patience is a rare quality.
I live in London and it's similar on AIM but not quite as bad as the ASX. I just woke up to see HMD is raising capital. That's fine. All small companies need capital until revenue outstrips costs. It's just the norm for a start up. HMD is really a VC deal that listed too early. I'm very confident patience will be rewarded in a big way but it's not going to swiftly go to a $500M market cap.
Ann: Trading Halt, page-14
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.76M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 432216 | 2 |
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| Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
| HMD (ASX) Chart |
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