Yes BTIG sold 1.188 million shares today at 5 cents...If CE is wondering why we trade at such a low mkt cap, he need look no further then these hedge funds that wont stop selling.
WHC was in a similar position in 2016 when hedge funds crashed the price to 40 cents despite strong coal price etc, once they finished it moonshot to $6, but a reminder that sheer massive supply of stock in 2 or three hands can plague a companies cost of capital for ages until cleared.
HCH Media, page-183
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 (20min delay)
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Last
78.5¢ |
Change
0.015(1.95%) |
Mkt cap ! $118.1M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 79.0¢ | 77.0¢ | $49.02K | 62.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5202 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 25688 | 1 |
View Market Depth
| Last trade - 14.53pm 12/09/2024 (20 minute delay) ? |
| HCH (ASX) Chart |