Names
In relative terms HGO is now trading at around 5 year lows without a whimper from shareholders.
It has 1/8 as many shares than its had over the last few years, better reserves, a better financial position, hedging and $AU advantage and its trading at 5 year lows.
Why the difference? Because of perception:
1) that a fall from 64 cents to 52 cents will go through unnoticed whereas a fall from 8 cents to 5 cents would have shareholders screaming; and
2) that consolidation simply paves the way for further dilution.
Hedging plus FX ?, page-16
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Last
6.2¢ |
Change
-0.001(0.80%) |
Mkt cap ! $130.9M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 6.1¢ | $21.30K | 346.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 244250 | 1 |
View Market Depth
| Last trade - 10.12am 12/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |