Who would want to hold this stock , except for a nimble, very short term trade as it slides into extinction?
I see 99.14% shareholder value destruction since April 2007.
How close is that to 100%. Petty close.
It was worse a few days ago, at 5.7c or so.
I reckon such nimble traders should be in Forex or Commodities and benefit from leverage.
HC started in 1999 as a penny stock trading site (and then folded , in record time as the shortest listed ASX company), and maybe it still is (penny stock), tho I doubt it would like to sell itself as that, once again a listed Public Company (ASX.HOT)
Regardless, 99% decline is non-trivial..a bit more than "just a flesh wound"....
PDN - WEEKLY: there does seem to be a discernable trend in place, methinks.
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PDN...Chart...., page-325
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Last
$10.52 |
Change
0.380(3.75%) |
Mkt cap ! $3.145B |
Open | High | Low | Value | Volume |
$10.43 | $10.60 | $10.31 | $22.00M | 2.093M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39693 | $10.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.54 | 1500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1190 | 10.500 |
1 | 325 | 10.480 |
1 | 500 | 10.440 |
1 | 1500 | 10.430 |
1 | 3110 | 10.370 |
Price($) | Vol. | No. |
---|---|---|
10.600 | 50000 | 1 |
10.630 | 282 | 1 |
10.640 | 700 | 1 |
10.690 | 525 | 1 |
10.700 | 500 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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PDN (ASX) Chart |