HMX 13.6% 3.8¢ hammer metals limited

HiI was wondering if the current main causes of bearish market...

  1. 135 Posts.
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    Hi
    I was wondering if the current main causes of bearish market sentiment will result in a good buying opportunity for HMX ? It seems likely that good drill results could soon be reported. However, the general market bearish sentiment could cause a short term subdued response and a good buying opportunity.
    I recently purchased some HMX shares. When I purchase a mining spec I will add to the position, if further drill results support the initial reasons for purchase and provide more confidence of further upside. Clearly, this usually results in a higher subsequent purchase price. However, if the results are poor I will re-assess and most likely sell at a loss.
    I intend to apply the same approach to HMX - but general market sentiment could provide a short term subdued response to good results and a better than expected subsequent purchase price (and more HMX shares than otherwise would have been the case).

    Regards

    Old Fisherman

 
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Last
3.8¢
Change
-0.006(13.6%)
Mkt cap ! $33.68M
Open High Low Value Volume
4.3¢ 4.3¢ 3.8¢ $98.65K 2.470M

Buyers (Bids)

No. Vol. Price($)
2 43460 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 34368 1
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Last trade - 15.50pm 06/05/2024 (20 minute delay) ?
Last
3.9¢
  Change
-0.006 ( 11.4 %)
Open High Low Volume
4.2¢ 4.2¢ 3.9¢ 490927
Last updated 13.11pm 06/05/2024 ?
HMX (ASX) Chart
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