Agree wholeheartedly MW,
Probably the very reason the share price gets pushed back down after every bit of good news.
It would be in the interests of the people/institutions you are pissed off with (justifiably in my view) to keep a lid on the price until most of the risk is overcome, so that when the business is finally looking like making a go of it, they can take advantage and swoop in at a low price without the anxiety a lot of us experience watching the business go through the highs and lows along the way.
What I'm still suspicious of is the sell-off beginning a day or two after the conference.
If a funding proposal was put to HGO and accepted did anyone use this information to their own advantage?
A week before the conference the SP was trending up. A day after the conference it began falling until the trading halt, finishing at a 3-month low. In that time 13% was shaved off the price. Nice discount if you're looking to buy in.
Just a mug punter's thoughts.
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Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.7¢ | $49.32K | 725.3K |
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No. | Vol. | Price($) |
---|---|---|
6 | 369638 | 6.7¢ |
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Price($) | Vol. | No. |
---|---|---|
6.8¢ | 457583 | 5 |
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No. | Vol. | Price($) |
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6 | 369638 | 0.067 |
8 | 447736 | 0.066 |
5 | 396547 | 0.065 |
4 | 400967 | 0.064 |
6 | 668688 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 457583 | 5 |
0.069 | 251988 | 4 |
0.070 | 279151 | 4 |
0.071 | 144098 | 2 |
0.072 | 122902 | 3 |
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