HLX 0.00% 0.4¢ helix resources limited

Hey 1for, Hope you're well. Understand and appreciate a...

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  1. 6,202 Posts.
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    Hey 1for,

    Hope you're well. Understand and appreciate a conservative/reserved MD wanting the drill bit to do the talking so to speak. However one has to agree/say that the HLX MC is ridiculously low considering prospects and ground HLX hold.

    Whilst we are waiting for drill bits, assays and the next drilling campaign we don't appear to have many buyers to take the place of those that have held for months/years and don't know what's around the corner. Time is the enemy of a company's SP and it is the MD's role to ensure the story gets out there.

    At the moment, looking at a 2 cent SP (as low as ever) and a market depth that appears that we may have 1 buyer at 2 cents - who's the next supporter of HLX? Where's Peleton and those that took placement at 3 cents....?

    My 2 cents.

    .
 
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