HCH 0.63% 80.5¢ hot chili limited

$?Bill in a ? Life mine, page-3555

  1. 498 Posts.
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    Brilliant! Its very close with my calculation using C3 cash cost. So a fair valuation of ~57c is basing on what we've known so far. Once we got more positive news from the current drilling campaign, I think the valuation will go much higher.

    Basing on the recent volume, we are definitely in a period of institutional rally. "As a microcap investor who invests in companies with little to no institutional ownership, I want to hold for the institutional rally. When a management continues to execute on a great story, at some point it’s going to attract institutional inflows. You will see this when an illiquid stock all of sudden gets propelled by a sustained period of above average volume". Considering that the majority of holders are retailers, instos have to convince us to sell. And we are letting go of our shares too cheaply! The rally only just started and we are still very far away from a fair value!
 
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Last
80.5¢
Change
0.005(0.63%)
Mkt cap ! $121.8M
Open High Low Value Volume
80.5¢ 81.3¢ 79.5¢ $27.21K 34.01K

Buyers (Bids)

No. Vol. Price($)
3 15203 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 11435 4
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Last trade - 13.46pm 16/09/2024 (20 minute delay) ?
HCH (ASX) Chart
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