That article is dead on for me Rastes.
Looks like Investmet have left the building and anything more than hand-to-mouth fundraising at this level will dilute the Company out of sight.
So they will drill Kumarina Deeps with help from the WA Gov and hope for something from the down-hole conductors at HL.
Then they must talk to Sandfire if they are not doing so already.
On a wider topic the ASX and ASIC are totally failing to provide an orderly market in small cap stocks.
Manipulation has driven out retail investors to the extent that the aggregation of multiple individual decisions that makes a true market has disappeared leaving the field open to further shorting and manipulation and preventing companies like HOR from obtaining access to capital without giving their Company away.
ASIC say it is business as usual and there is nothing they can do about it. Easy answer - the big boys who pay their salaries are more than happy with the situation.
It will take someone of status and integrity at the ASX to recognise that the system is broken before there is any chance of fixing it.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.306M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 71428 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1599357 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71428 | 0.007 |
6 | 2000103 | 0.006 |
10 | 3751134 | 0.005 |
1 | 500000 | 0.004 |
3 | 1940000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1599357 | 2 |
0.012 | 318000 | 1 |
0.013 | 361555 | 1 |
0.015 | 374574 | 1 |
0.017 | 2206898 | 2 |
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