To be honest HCH is the most frustrating stock I've ever owned in 60 years on the markets. Sadly we are all being played like a fiddle. It will need some very serious money to absolutely pile on the buy side for HCH to go anywhere substantial in price. Just think about it for a moment, if we are sitting at 130 million MC at the end of today that means to reach 8 cents tomorrow 130 million dollars needs to pile on HCH over night.
can this happen? Yes is can,
Is it probable? No considering the game of pips with around 3-4million dollars exchanged each day never stays on the table.
I'm not about to sell any shares, but you have to have some perspective glencore on board is really great news, but what they are putting in is a drop in the bucket.
At the end of the day HCzh needs to be popular now. It has the resource is has glencore, now it needs to be the most popular kid in school , or we go nowhere.
To be honest HCH is the most frustrating stock I've ever owned...
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Last
94.5¢ |
Change
-0.025(2.58%) |
Mkt cap ! $143.0M | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $119.9K | 125.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3042 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 6531 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |