HXG 9.09% 1.0¢ hexagon energy materials limited

interesting trading today

  1. 550 Posts.
    Well a cap raising of 4.2M oversubscribed and shareprice remains more then 10% above the placement price.. A very nice week from my perspective.

    Added to that volume was back today and interesting a lot of off screen buyers and sellers.. Stock looked weak at the start of today but buying was strong with a lot of stock going through at 32c. People got scaled back at the placement so I am hoping those people are now buying on market now.

    Given we should be expecting further clarification on the Korean results and I am hoping some feedback on some of the samples now at labs and in CHina, should be some good weeks ahead..

    BTW, I would also be expecting some more clarification on scoping, project economics and a process sheet for McIntosh in the near future, given they want to be in pilot production at the end of the year..

    My excitement is building...

    Do your own research.. This is not a recommendation or advice.
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $5.129M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $19.87K 1.821M

Buyers (Bids)

No. Vol. Price($)
7 2634134 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 149692 1
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Last trade - 15.38pm 28/06/2024 (20 minute delay) ?
HXG (ASX) Chart
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