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Further I don’t think you would attract the likes of Peter...

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1ForDaMoney

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29/01/19

16:02

Post #: 37253503
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Originally posted by Banker ↑

I'm always a little reluctant to contact MD's especially when a few have been and I suspect much has been shared.

As we speak, we can however measure a company's (and MDs) progress via a company's share price and corresponding market cap movements. Another determinate would be depth in bid with both new buyers and existing holders willing to top up.

Both SP and market depth are linked to that of what the company communicates to the market and the timeframes of which are set (or missed).

Quarterly will have some info as per normal but;

Where are we at with most of HLX's projects?
When is Collerina drilling due for completion?
When shall we expect assays?
When is the subsequent JORC due?

And if updated by the company.... how much weight can we now place upon these timeframes being met?

Questions similar to these would be included in my conversation with the MD. And then I would point at the share price......

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Further I don’t think you would attract the likes of Peter Lester and Tim Kennedy who are of the highest quality board members in the entire spec space on the ASX. My guess is they didn’t jump onboard for the Iced Vovos or Cobalt rock chips..

HLX Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $9.293M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$31.42K	7.856M

Buyers (Bids)

No.	Vol.	Price($)
56	83196954	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	7786667	3

View Market Depth

No.	Vol.	Price($)
56	83196954	0.003
24	77900419	0.002
12	99300000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	7786667	3
0.005	16141892	18
0.006	4748992	7
0.007	3800000	4
0.008	2353969	2

Last trade - 13.48pm 06/05/2024 (20 minute delay)


Last 0.4¢			Change 0.000 ( 12.5 %)
Open	High		Low	Volume
0.4¢	0.4¢		0.4¢	1610000
Last updated 15.43pm 06/05/2024 ?

HLX (ASX) Chart

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