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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7.1¢ |
Change
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Mkt cap ! $148.7M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $142.2K | 2.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1545892 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 572674 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1545892 | 0.070 |
3 | 137548 | 0.069 |
4 | 365000 | 0.068 |
6 | 482850 | 0.067 |
5 | 607736 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 572674 | 1 |
0.072 | 424306 | 1 |
0.073 | 53500 | 2 |
0.074 | 75527 | 3 |
0.075 | 714037 | 5 |
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