The bid for 2.5m shares at 8c may be optimistic but is a good indication of underlying support for the shares in HGO.
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Hi Grusselt,
Personally , I put little weight on those bids. Have seen them come and go (large bids off the money) in recent times. Given they are usually accompanied by a sell order of similar size (also off the money) I doubt if they belong to anyone looking for a long term investment in HGO.
I would also be wary of putting too much faith in one investors position - plenty have been wrong before. When the trading in HGO sees a volume spike (in the right direction) that would be a better cue IMO.
Here's hoping. PS good comments regarding Nugent.
Cheers
The bid for 2.5m shares at 8c may be optimistic but is a good...
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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 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
