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0.43%

$1.17 hot chili limited

Sounds like more of the same from CE.

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tomardo

1,410 Posts.

157

01/05/24

12:06

Post #: 73605808
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Originally posted by JGPM: ↑

$100m was offered by a North American firm for 30% of the copper project and 50% of the water.

Offer was considered and rejected by the board over the last few weeks as it severely undervalued our assets and they believe they are/will be worth substantially more once after future news flow comes through.

We don't want to negotiate from a position of weakness.

a large chunk will be going into the TSX with institutions lapping it up over there apparently.

after being initially pissed off and telling CE so, I can see the merit in the action they have taken. yes, a little short term pain on the share price front no doubt but for longer term gains hopefully. confirmed lots of news flow to begin after money in the bank, and the money they have been spending the last few qtrs will/have yielded results.

lots he couldn't tell me though of course.

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Sounds like more of the same from CE.

HCH Price at posting: $1.25 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $1.17		Change -0.005(0.43%)		Mkt cap ! $171.7M

Open	High	Low	Value	Volume
$1.19	$1.20	$1.15	$215.6K	182.9K

Buyers (Bids)

No.	Vol.	Price($)
1	6	$1.17

Sellers (Offers)

Price($)	Vol.	No.
$1.19	3789	3

View Market Depth

No.	Vol.	Price($)
1	9	1.170
2	2800	1.165
2	479	1.160
2	2537	1.155
3	10036	1.150

Price($)	Vol.	No.
1.185	3789	3
1.190	439	1
1.195	14878	2
1.200	15532	4
1.205	448	1

Last trade - 11.14am 22/05/2024 (20 minute delay)


Last $1.18			Change -0.005 ( 0.16 %)
Open	High		Low	Volume
$1.18	$1.19		$1.15	17943
Last updated 11.42am 22/05/2024 ?

HCH (ASX) Chart

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