xmagx,
greetings.yes it's really only Market Cap BUT there is Perception that is improved by a Company being taken out of the Penny Class Swamp.
This HMC has too huge a Shares on Issue.When it runs at 20 cents>,it CAN be come highly attractive to Arbitrage.A single .05 tick or a one cent rise can activate Selling by THEY[d'dreaded Day Boys]picking up their Grand a Day.Such Activity increases the Sell in Suppy and Demand ergo Kills It!
I feel this makes a share UnAttractive to "Proper Type" investors and while the same thing can happen to a S1 share,there seems to be a perception that a Buck$ share,especially that pays any dividend,is a "Better" More Worthwhile speculation in the "Emerging Industry" class than a penny punt.
ie The punter/pilgrim holding a $1 ish HMC gets more cred at BarBques!!
cheers.
ps-tell me more about any Family Holdings,Substantial Holders etc.
- Forums
- ASX - By Stock
- HMC
- put it on your watch list
put it on your watch list, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HMC (ASX) to my watchlist
|
|||||
Last
$7.82 |
Change
0.020(0.26%) |
Mkt cap ! $2.951B |
Open | High | Low | Value | Volume |
$8.08 | $8.09 | $7.79 | $1.213M | 153.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 2685 | $7.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.83 | 2440 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1537 | 7.820 |
12 | 3044 | 7.810 |
15 | 6282 | 7.800 |
9 | 3982 | 7.790 |
5 | 933 | 7.780 |
Price($) | Vol. | No. |
---|---|---|
7.830 | 815 | 13 |
7.840 | 1251 | 7 |
7.850 | 1175 | 7 |
7.860 | 1172 | 7 |
7.870 | 1711 | 5 |
Last trade - 11.34am 22/08/2024 (20 minute delay) ? |
Featured News
HMC (ASX) Chart |