Some good points MBLB.With a current MC of little over 2...

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Floydyboy

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21/03/19

12:05

Post #: 37837252
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Originally posted by Morebulllessbear: ↑

@Mikrokosmos In my previous cryptic message, I was suggesting that someone is deliberately selling down the sp. My comment was about how would the ASX look at someone selling the share down when they are about to make an offer. I would suggest that no long term holder would be happy if someone approached the company and said they have a few million to buy some share off the market. The company would be wise to reject this advance anyway. We are about to have some very interesting times.
If MF has an average of 15c per share then I would suggest he is not going to be happy with a straight offer of 15c. So where does that leave us? Considering the resource in the ground is worth over a billion $$ so if we factored in even 30% to dig it up it is still worth 0.75 Billion. Then there is the unknown of what else lies unseen in the ground. The spring is still recoiling and Hooke's law will certainly be in action sooner or later.
Could we see the Poseidon effect in HOR?????? Certainly, GMM had a similar action so I trust MF is experienced enough to facilitate a win for all. Nothing speaks louder than 22% holdings. GLTAH. As I write this the sp goes down a pip.

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Some good points MBLB.

With a current MC of little over 2 million, be hell of a spec buy.

HOR Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $4.642M

Open	High	Low	Value	Volume
1.0¢	1.0¢	0.9¢	$20.63K	2.07M

Buyers (Bids)

No.	Vol.	Price($)
1	130000	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	4114661	4

View Market Depth

No.	Vol.	Price($)
7	3571457	0.005
11	3180199	0.004
3	1940000	0.003
3	5950000	0.002
0	0	0.000

Price($)	Vol.	No.
0.007	518924	2
0.008	1555536	3
0.011	304700	1
0.012	318000	1
0.013	349951	2

Last trade - 10.31am 08/11/2024 (20 minute delay)

HOR (ASX) Chart

Some good points MBLB.With a current MC of little over 2...

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Buyers (Bids)

Sellers (Offers)