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Your well articulated arguments don't change current MC, SP,...

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Alee26

2,382 Posts.

264

26/08/24

22:12

Post #: 75383429
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Originally posted by VYR: ↑

Hi Alee,

HGO's chart leading up to the high in mid January that was way above the others is the real picture.

The necessary very small Capital Raise in late January followed by the Short selling and dumping that dragged it down to a low in March in line with where the others were sitting is small picture stuff as is Lachlan's resignation in June and the short selling that followed and caused it to drop once again, this time due to the concerted effort of the shorter and traders working together, to a point below the blue line

Watch this space.

The shorter and traders that sold on the way down will turbo charge the upturn that is coming our way when the punters realise that the smoke and mirrors is just that when they are finally enlightened about what Hgo is about to deliver.

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Your well articulated arguments don't change current MC, SP, lack of interest from retail investors nor the funds. Risk/reward ratio here is quite steep. In 2018 I experienced the same with another ASX company (1 bln. MC), sold it out in frustration (after 4 years of waiting) just to watch it appreciating 56% two weeks later.
Same old same old.

HGO Price at posting: 5.4¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 6.4¢		Change 0.000(0.00%)		Mkt cap ! $134.1M

Open	High	Low	Value	Volume
6.3¢	6.6¢	6.3¢	$82.64K	1.282M

Buyers (Bids)

No.	Vol.	Price($)
1	449755	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	929099	6

View Market Depth

No.	Vol.	Price($)
1	449755	0.064
2	65254	0.063
2	105314	0.062
2	672000	0.061
3	400000	0.060

Price($)	Vol.	No.
0.066	929099	6
0.067	111844	2
0.068	169227	1
0.069	226998	3
0.070	1313261	10

Last trade - 16.10pm 05/11/2024 (20 minute delay)

HGO (ASX) Chart