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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Last
6.8¢ |
Change
-0.004(5.56%) |
Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 6.8¢ | $456.2K | 6.615M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 251625 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.0¢ | 268521 | 4 |
View Market Depth
No. | Vol. | Price($) |
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4 | 251625 | 0.068 |
7 | 580648 | 0.067 |
6 | 498801 | 0.066 |
9 | 284838 | 0.065 |
1 | 300000 | 0.064 |
Price($) | Vol. | No. |
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0.070 | 268521 | 4 |
0.071 | 130000 | 1 |
0.073 | 300000 | 2 |
0.074 | 175000 | 2 |
0.075 | 7169 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 15.57pm 14/06/2024 ? |
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