Cook,
The fundamentals will assert themselves. As long as retail shareholders do not suffer from a narrow short-term outlook.
These instos and the financiers were happy to buy into HGO at 25 cents, because they knew that this provided them a good margin of safety. They know that HGO as a copper producer is worth a lot more.
Let the instos plays their games and earn a little money on the side whilst they wait for Kanmantoo - its production, cashflow, reserves upgrades, throughput increases and the like.
The main game is the company transitioning from an explorer/developer to a producer. Use the controlled price as an opportunity to accumulate, OR, do as they do and trade against the instos and frustrated retail holders. The instos are fairly predictable, after all. :)
Buy low in the band, sell high. And ignore the 'depth'. It is an illusion. Or, just sit back and let time do the rest...
Yaq
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Cook,The fundamentals will assert themselves. As long as retail...
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Last
6.4¢ |
Change
0.001(1.59%) |
Mkt cap ! $134.1M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.1¢ | $114.1K | 1.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 425332 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 0.062 |
3 | 580136 | 0.061 |
7 | 393439 | 0.060 |
4 | 395323 | 0.059 |
3 | 362000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 425332 | 2 |
0.065 | 598913 | 3 |
0.066 | 30000 | 1 |
0.067 | 14940 | 1 |
0.068 | 732700 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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HGO (ASX) Chart |