Welcome back Yaq. Your insight provided us with the tip that a buy back should be considered, and a buy back was announced. "Let there be light, and then there was light". But no evidence of the buy back yet!
You call for a decision, will a decision will be announced very soon?
But are we not seeing the wood for the trees. It has been mentioned before and I will light the debate again. OZ minerals have cash and are no doubt on the look out for aquisitions. HGO could be window dressing K rather than committing to mine. Could be window dressing the entire outfit if you look at the impressive line up of assets (including the cash). Maybe a fire sale (merge?) with OZ is the best and quickest way to realise value from those assets. Maybe the deal has been delayed until the ESG top up is ruled in or out. Maybe they have come to realise the top up is not going to happen and moves are being made on the deal. A CEO role would get in the way of a merger/sale. Let the CEO stand aside and the Board will negotiate the deal. Its going to have to be a sweet deal though.
Not well written or a lot of thought process in the above and all pie in the sky stuff, but who knows. Funnier things have happened with HGO.
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.21M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $64.53K | 1.661M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 954641 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 372104 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 954641 | 0.038 |
12 | 968523 | 0.037 |
7 | 722331 | 0.036 |
15 | 2026714 | 0.035 |
16 | 2736269 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 372104 | 5 |
0.040 | 775000 | 4 |
0.041 | 1881018 | 7 |
0.042 | 2660219 | 4 |
0.043 | 2671225 | 7 |
Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
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HGO (ASX) Chart |