HXG 8.70% 2.1¢ hexagon energy materials limited

Ann: Updated Corporate Presentation, page-18

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  1. 3,058 Posts.
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    So are you saying that MNS shareprice went down but market capitalisation stayed the same? That will only happen if additional shares are issued; notified via a 3B. SP and MC are not mutually exclusive so I'm not really sure what you're getting at there. I don't get emotionally involved with companies. It's not worth it. Invest to make money..nothing else. If it walks like a duck, etc, etc. No peer comparison is perfect but if you have a self inflated emotional view of any stock, it is likely you will be swayed in your analysis. Been guilty of this in the past and it cost me. In reality, MC is a crap metric as it's just an extrolpolation of SOI x SP. EV is way better. The market sees RNU as crap at the moment, hence why it hasn't taken off at all, and clearly it sees HXG as overvalued and a correction is taking place. It's unfortunate for SH's, but it's reality. And I think for HXG, the correction isn't over.
    Last edited by Chill: 26/06/17
 
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Last
2.1¢
Change
-0.002(8.70%)
Mkt cap ! $11.79M
Open High Low Value Volume
2.3¢ 2.3¢ 2.1¢ $1.912K 83.41K

Buyers (Bids)

No. Vol. Price($)
5 456427 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 50568 1
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Last trade - 11.44am 28/11/2024 (20 minute delay) ?
HXG (ASX) Chart
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