Not about "worrying".
HGO as a near copper producer would be expected to run up in price from now to the production of first copper.
Yes, not in a straight line, but upwards in trend.
So why an entity with large holdings would choose to offload big parcels in the middle of this price run up should be of interest to all holders!
Basic market principles say there is only one reason for buying but many reasons for selling. I'm always interested in why someone may be selling
Yes, it may be totally unrelated. But it is "against trend".
...
HGO - Chart, page-11
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $171.6M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.2¢ | 8.0¢ | $438.5K | 5.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 825696 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 148933 | 4 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
8.2¢ |
Change
-0.002 ( 1.20 %) |
||||
| Open | High | Low | Volume | ||
| 8.3¢ | 8.3¢ | 8.0¢ | 1662882 | ||
| Last updated 15.13pm 24/05/2024 ? | |||||
| HGO (ASX) Chart |