Mmmmm. So, we saw a 20% sp hit to raise capital of $10m (so far). You may have thought (as i have) that the sp is at a ridicously low level @8.5c. Today we at one stage saw a further 20% drop (to 6.8c). Can anyone explain for an obvious dumbo like me why a share that was considered by analyst well undervalued when it was around the 20+c level should be sold off in such volumes? 14.8m shares traded today! This just does not make sense, or does it?
HGO Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
