HGO 5.56% 6.8¢ hillgrove resources limited

Agree wholeheartedly MW,Probably the very reason the share price...

  1. 102 Posts.
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    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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6.8¢
Change
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Mkt cap ! $142.4M
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7.1¢ 7.2¢ 6.8¢ $456.2K 6.615M

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No. Vol. Price($)
4 251625 6.8¢
 

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Price($) Vol. No.
7.0¢ 268521 4
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
6.9¢
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7.1¢ 7.1¢ 6.8¢ 2370792
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