I've started this thread because this Poster DavidW has made what I think is a very astute observation in Post #: 49195337
It's a little bit early to say for sure but I do think there's possibly something brewing. It looks to me like someone might be trying to accumulate a large position. I emphasise that I don't know; this is just speculation by me as of today's data.
I'm looking at the volume and buying patterns - esp. over the last couple of days. Readers can see for themselves - I won't copy the data into here.
I'm posting this now because zakzoe's post a few days ago about a possible run before Christmas reminded me of the old trick of aggressors taking corporate action - e.g. takeover bid or similar - just before Christmas so as to put target companies at a disadvantage over the Christmas-New Year period, especially as certain time periods are running and corporate advisers could be on holidays etc.
Helix is very vulnerable to that sort of action now because IMO:
- it's MC of ~$7M is a joke - way below the value of its assets (see following...);
Interesting times.
- With assay results due from some early drilling (not much unfortunately) in our quality gold acreage, there is way more upside than downside;
- With some Collerina drilling underway (not much - but better than none) and vastly increased scale potential possible as I referred to in this recent Post #: 49193915 this could cause a big increase in our share price - especially with copper on a tear as Marc111 has been helpfully pointing out;
- Bijoux EM results and interpretation due very soon I expect, we may have some very exciting drilling targets there. Remember, if that prospect does mature into something and does start to look a bit like the poly metallic nearby Federation discovery - as has been raised - then there will be a major uptick in Helix's share price. I note that in the Aurelia Metals AGM Presentation of 19 November (see p.10) Federation is described as "one of the most significant discoveries in Cobar Basin in decades"
- There's huge upside potential in Helix's vast acreage position in the increasingly sought after Cobar region, most of which has never even seen a drill bit despite significant exploration potential.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.68M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $14.20K | 3.142M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 42913831 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 28913135 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 42913831 | 0.004 |
34 | 50807970 | 0.003 |
54 | 162896974 | 0.002 |
14 | 91099981 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 28823135 | 18 |
0.006 | 36927431 | 28 |
0.007 | 13120117 | 9 |
0.008 | 15748969 | 10 |
0.009 | 10522302 | 7 |
Last trade - 15.49pm 06/09/2024 (20 minute delay) ? |
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