HOR 0.00% 0.9¢ horseshoe metals limited

I don't agree 20c is likely, not after the financial backing...

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    I don't agree 20c is likely, not after the financial backing recently to progress the two projects, coming off a base of 17m market cap, bugger all shares on issue, of which probably 75% would be tightly held

    "then I think 60c-90c is a fair target"
    Now this is not out of the question if things to go plan, at 90c that gives a market cap of just 51m

    How many dodgy stocks are sitting on 1b shares and a market cap in excess of 50m with questionable potential ahead?

    HOR has become a hold and accumulate stock for me now. I have an exit strategy if things don't pan out, but I hold high expectations, whilst being mindful of the risks as well
 
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