I agree with the nasty surprise part. The emotional side of me says that HGO is a slot machine that never pays out…
However, I disagree that this is an emergency raise due to a cash shortage. They had enough to get through given we remain on schedule.
I am quite certain this is about ramping up to full plant capacity asap. I am sick of waiting. Better to spend and ramp up faster rather than wait for the cash to trickle in.
Ann: Trading Halt, page-24
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Last
7.5¢ |
Change
-0.004(5.06%) |
Mkt cap ! $157.1M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.5¢ | $397.7K | 5.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12963 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.6¢ | 113150 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
7.5¢ |
Change
-0.004 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 7.9¢ | 7.5¢ | 2242322 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| HGO (ASX) Chart |