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4.55%

2.3¢ hexagon energy materials limited

Ann: Trading Halt, page-12

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riskky

61 Posts.

07/06/18

11:19

Post #: 33556807
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Originally posted by william3874 ↑

well its certainly interesting. MIN is meant to be paying for everything, bar our staff costs. our estimated cash outgoings for this quarter were $495k (including $210k exploration that i think MiN should be covering.) we had $1,024k cash on hand, we since sold $133k of options.

so at the end of the current quarter we should have $662k (+$210k for MIN costs) so why the raise? staff costs for the next 2 years? if so why now, why not wait till we need the money and the SP has appreciated as we progress...?

have we been approached by someone who wants to buy in? possible the chinese guys? or maby we want to start funding our downstream processing reasearch/development...? synthetics??

guess we wait. but i am optimistic about what this means.

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The stock price has not responded meaningfully to MR deal as a number of institutional buyers believed HXG were cum issue. This addresses that so we should see some good support .

HXG Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$24.45K	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	37	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	326201	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 - 15.36pm 06/11/2024 (20 minute delay)

HXG (ASX) Chart