When we hit 10 cents in the next couple of weeks, don't be panicked if there's a rush of sellers trying to exit at 10 cents.
Despite having the top 40 holders owning approx 75% of shares on issue, and unlikely to sell, there's a lot of other smaller long tem holders with an average cost of 3-4 cents, plus all you newbies at 6-7 cents.
It only makes sense that a proportion of these want to cash out, and 10 cents is the magical amount for a lot of these people. Personally I think this is valued at 13-16 cents as it stands right now.
Positive drilling results from Collerina, Cobar Gold Project, or the Joshua project in Chile would see this skyrocket as all the insto's scramble to get in.
Clearly this is just my opinion, but for all the newbies, check out Helix website or all previous announcements regarding these 3 projects.
Don't panic when we hit 10 cents
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.160M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 178993527 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 51420127 | 23 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
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