I actually don’t believe there was insider trading - the fact of the matter is that the market was expecting the Purity test results to be released in the 3rd of 4th week of January and there was good reason to believe that they would be very good based on the excellent results to date. The Purity test results were also the last jigsaw in the puzzle so they would be in the strongest position to market the product and get an off take agreement. Why wouldn’t you buy HXG with this expectation looming? In reality the stock price should be at least .30 cents.
I have also heard that Mike is heading to the USA and China this week - no idea what he is going over there for, but timing is interesting and it would be nice if something comes as a result.
I think we may be approaching a re-rating period for HXG which is well due and which may surprise on the upside.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.79M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 126427 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 213000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.024 |
2 | 386221 | 0.023 |
2 | 147000 | 0.022 |
5 | 1217500 | 0.020 |
2 | 54368 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 498695 | 1 |
0.026 | 289259 | 4 |
0.027 | 396549 | 3 |
0.028 | 281127 | 2 |
0.029 | 50000 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
HXG (ASX) Chart |
Day chart unavailable