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4.55%

2.3¢ hexagon energy materials limited

Doing well at opening... 32 buyers for 1248428 units 15 sellers...

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Bullrush007

692 Posts.

63

27/03/18

11:15

Post #: 32050936
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Originally posted by markolious ↑

With a "finance and development proposal," we should be seeing the risk reduced greatly. I really hope that this is the start of mine development. If the deal is favourable to Hexagon, we should be approaching $1.38 (or at least $1+) a share. See IIR review below (from January). They're saying that even before this financing deal it has been undervalued below 37c and that is with financing risk.

Source: http://www.theassay.com/wp-content/uploads/2018/02/HXG_AX_IIR_180128.compressed.pdf

In this same report they go on to say that in production, a fair market cap would be $530 million based on 5x earnings, which is over $2 a share. DYOR, but I think we are getting ready for a run.

EDIT: Just saw the announcement posted. We may have to wait a bit longer to reach production, but I'll leave this here to think about.

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Doing well at opening...

32 buyers for 1248428 units
15 sellers for 647199 units

HXG Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$24.45K	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	37	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	326201	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.024
2	386221	0.023
2	147000	0.022
5	1217500	0.020
2	54368	0.019

Price($)	Vol.	No.
0.025	498695	1
0.026	289259	4
0.027	396549	3
0.028	281127	2
0.029	50000	1

Last trade - 15.36pm 06/11/2024 (20 minute delay)

HXG (ASX) Chart