HGO 0.00% 5.5¢ hillgrove resources limited

Director's sign of confidence, page-9

  1. VYR
    819 Posts.
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    In a thinly traded stock like this a buyer wanting to accumulate Ten Million shares when there arn't any desperate sellers wouldn't have much joy sitting in the market at 8.3 cents.IMO
    The institutions drove the price down early last year when they were forced to quit. The three million shares sold in the last month leading up to the conversion drove the price down from 10c to 8c

    As soon as the cash flow and drilling results start to emerge the buyers who finally awake to what the fundamentals are indicating will have to pay a big price for part of the action.

    3c to ???? In under 2 years.
 
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No. Vol. Price($)
8 908138 5.4¢
 

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5.6¢ 793830 1
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Last trade - 15.34pm 27/11/2024 (20 minute delay) ?
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