Agree with both preceding posts. I thought their major SH was probably interested in their Algerian mine!
BUT, I’d take a cash buyer for our remaining assets after divs etc if the offer was good and added value to my share holding.
Was just wondering out loud, whether our plant might be of interest to them, but not knowing anything about it’s suitability for their product (Gold).
My judgement would be that they are wanbabees, and I for one wouldn’t be putting my money there. But they might have big aspirations and cash.
Agree re cash flow companies. Why I sold out of BRN (tech) and keep PNR and HGO.
Ann: Change in Substantial Shareholder Notice, page-20
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.5¢ | $178.0K | 3.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 260909 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 799916 | 1 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
