HMX 2.63% 3.7¢ hammer metals limited

Ann: Trading Halt, page-151

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  1. 4,299 Posts.
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    I have added 2 names to my ignore list. I think you are allowed to critically question everything - as long as it is halfway constructive. Those who find a company fundamentally bad and comment negatively on almost everything should sell their investment and move away. I don't want to read any pointless crap that only aims to spread bad vibes. You can also see that some posters have a miserable ratio of likes to the number of posts they make. A positive example would be Geofiji: many likes - in proportion to his opinions. His opinions then again are well-founded and often critical - and not sugarcoated - he also has critical comments towards HMX. That's the way it should be.

    With this CR story we are going round in circles. Don't buy under any circumstances, because at some point the money will run out. Yes - that will be the case - but if every good development and its positive impact on the SP is nipped in the bud because of that - then that is more than counterproductive for us shareholders. Because the pain of dilution is smaller with a higher SP than with a lower SP.

    Interesting to read what the CNB thread says. Especially what Geofiji wrote about it. I think HMX is in the better position. May or may not wait and see. In any case, they are drilling a few holes more around Mt. Hope - depending on the outcome, everything could get a new spin.

    A capital increase is still an option for HMX and a relatively easy solution to address the cash problem in 2-3 months - a lot can happen between now and then. No reason to take hasty measures or give away good ground cheaply.

    Despite the rather subdued mood (also because of the general market environment), I am looking forward to the results from Hardway. It's not all over yet - in the next weeks to 2 or 3 months there will be at least a handful of chances to pull a gamechanger out of the hat. I wouldn't be surprised if one or two other surprises (of what kind ever) pop up. DYOR
 
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Last
3.7¢
Change
-0.001(2.63%)
Mkt cap ! $32.84M
Open High Low Value Volume
3.8¢ 3.8¢ 3.7¢ $13.03K 350.7K

Buyers (Bids)

No. Vol. Price($)
1 120609 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 150000 1
View Market Depth
Last trade - 12.42pm 11/11/2024 (20 minute delay) ?
HMX (ASX) Chart
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