I expect more of the resource to be signed away to CMP in exchange for support, so shareholders will be diluted. That may be the price that needs to be paid in order to extract some sliver of value from holding HCH shares. But that is just my personal, uninformed opinion.
Copper is light years away from being $3 per pound so the market rightfully rates this a dog with fleas until HCH can prove otherwise...but so far, all we have seen is 3 years of relentless, soul-destroying price decline (74c to 6.5c) and no end in sight.
How this mob ever got the Diggers & Dealers "Emerging Company" Award for 2015 is mystifying. If HCH was the best emerging company of 2014 that the Diggers & Dealers could find, it doesnt' say much for the credibility of the event.
I expect more of the resource to be signed away to CMP in...
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Last
95.0¢ |
Change
0.025(2.70%) |
Mkt cap ! $143.7M | |||
| Open | High | Low | Value | Volume |
| 93.0¢ | 95.0¢ | 90.5¢ | $105.0K | 112.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 821 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| HCH (ASX) Chart |