wow Xrated- thats a lot of questions !
Short answer is I have no idea of the share price in 6 to 12 months time.
If I knew it was definitely way north of current SP I'd be backing up my truck. I might even have been tempted to load up more now - certainly there seems way less risk than 12 months ago, but everyone has their limits ! For what its worth this stock owes me about 4.5 times current SP - but that is way better than how it was a couple of years back and before participating in the notes issue. I am a much happier holder since Steve has been in charge and this company has stopped behaving (spending) like they'd won the race when they were barely out of the gates ( I will admit not all issues were under their control).
The market cap is governed by the SP - the SP is governed by mr. market who is waiting to see if the company will still be in the mining business a couple of years from now. This company ( and many others) have spent (invested?) many millions previously and there is never a guarantee that that money will return what the investment intended. Sometimes there is language in reports that differs from that used previously and sometimes there are little gems that surface for a first time ( like amounts owed to certain large stakeholders/ contractors /current liabilities) that you may not have seen or factored in before.
Happy to hold and hopeful for the future. GLTA. Foyt
- Forums
- ASX - By Stock
- Why not give back to shareholders now?
wow Xrated- thats a lot of questions ! Short answer is I have no...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
0.002(3.92%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.0¢ | $101.2K | 1.958M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 444260 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 423085 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400000 | 0.052 |
2 | 419627 | 0.051 |
7 | 527543 | 0.050 |
3 | 129446 | 0.049 |
6 | 540199 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 423085 | 2 |
0.054 | 962730 | 1 |
0.055 | 260000 | 1 |
0.056 | 200000 | 1 |
0.057 | 517817 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online