It appears as though the Chile project could develop into a company making prospect.
There are several company's involved in what is increasingly being viewed as a hot spot.
Without doubt HLX is undervalued.
The question is when will it be realised.
The stock is very thinly traded and looks as though some good news could send it higher...but it is not on the radar of enough people yet...
This will take time.
In the mean time it offers the opportunity for savvy investors to accumulate....
Sometimes gems like this stay undervalued for months and/or years....
When we look back we ask ourselves why we didnt take a position earlier on.....
I believe the market is giving us this opportunity, because if this copany builds its resources in Chile much further...it may never see this price again....
I would not be surprised if other company's in the region are watching its progess, bacuse it may be cheaper to buy the stock outright......
This is certainly one of my best propects for 2012/13....
Regards
Duck
worth a little research, page-5
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.32M | |||
| 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 |
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| Last trade - 15.49pm 06/09/2024 (20 minute delay) ? |
| HLX (ASX) Chart |