Sadly yes, I wish it was much higher.
Until the company demonstrates and presents "real" exploitation avenues of the asset it is just a great asset with paper numbers.
The paper numbers look good but needs to be commercialised and actioned in one way or another, whether that be T/O offers, drill bit bite, JV's, something that is tangible.
The market wants "real" and is happy to wait and watch for something to happen, there is no rush for the big cheque books.
As mentioned the stock is in a holding pattern and will potentially run out of fuel, perhaps the poorly executed cap raise has purchased enough fuel to keep the whole show in the air, while we wait for the "real."
If and when that happens, that's when the stock will move.
Frustrating - Oh yes!
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Sadly yes, I wish it was much higher.Until the company...
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Last
78.5¢ |
Change
0.015(1.95%) |
Mkt cap ! $118.1M |
Open | High | Low | Value | Volume |
77.5¢ | 79.0¢ | 77.0¢ | $52.65K | 67.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1456 | 78.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
78.5¢ | 23449 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1456 | 0.780 |
1 | 5873 | 0.770 |
1 | 15000 | 0.765 |
2 | 3100 | 0.760 |
1 | 1317 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.785 | 23449 | 1 |
0.790 | 7685 | 3 |
0.800 | 8591 | 2 |
0.805 | 3211 | 1 |
0.820 | 4636 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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HCH (ASX) Chart |