HDG 0.00% 1.0¢ hodges resources limited

Umm, it’s very interesting when you read the cash flow...

  1. 324 Posts.
    Umm, it’s very interesting when you read the cash flow statement. Trying to conserve cost, and then all of a sudden receive 3 million cash and the admin goes from $43,000 (first quarter) to $100,000 (second quarter). Must be all the business flights from Perth to New Zealand..
    I am only interested in getting the Morupule South Coal Project off the ground so why are they digressing their energy’s. I have been stuck with a large parcel for a very long time and the reason why these shares are so tightly held is because not many people can sell at this share price.

    The Moruple south is a great story, but as usually with these small caps, the managements seem to lack the ability to get them over the line..
    It is great to Get $3m at 3c but it does not help the people who supported the company in the early stages when the share price was in the 30-40c bracket like bungalowbill. I have been a shareholder and a top 20 shareholder for many years and feel the frustration like bungalowbill. We can only live and hope,,
 
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Currently unlisted public company.

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