Technically, HEG looks like it has completed its correction from the run from 6.1c to 15c.
I suspect that the days of 10c - the level that it should've and did hold - are behind us and we won't be seeing them again.
Now, with the break of the downtrend from the 15c high, I can see another 150% move in the price to the 25c level as the HPA story starts to unfold.
There are potentially numerous catalysts, with resource estimation and news of value realisation for the gold projects - both of which have been touted in the quarterly; top of the list.
Fasten your seat belts.
Looking Poised
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $2.083M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $5.052K | 1.711M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 16523260 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5990954 | 15 |
View Market Depth
| Last trade - 12.27pm 07/05/2024 (20 minute delay) ? |
| PUA (ASX) Chart |