Hexagon Looks Beyond The Swarm, page-35

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Bullrush007

692 Posts.

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04/05/18

20:50

Post #: 32897653
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Originally posted by markolious ↑

They're cleaning up the share register to reduce overheads - they literally announced that today. They recently hired one of the most qualified metallurgical engineers with graphite experience (Michael Chan) and now I imagine that they are working on downstream processing, the marketing joint venture with MIN and probably have an eye on new materials opportunities.

They are entitled to have a beer and a meal. A wage (even an executive wage) is nothing compared to what these guys can earn with the success of HXG share price. Management are only really at a break-even point at the moment when you look at their incentive options. Only the 1st KPI has been met and yes it is slightly "in the money," but there are 3 tranches and not enough volume to really profit from selling at this point.

Next you will be whining that they are earning 6 figures when the share price goes up. We're getting plenty out of the deal - it's not bad for shareholders at all.

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15 buyers at the moment...huge volume I must say

I expect most of the potential buyers have moved over to MIN because they have a better side of the deal

Pointless announcement today! Picking at straws theses guys are!

Eye on mineral opportunities??? Maybe after some CRs...not too much money in the bank especially after management have taken their paychecks!

HXG Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$6.857K	312.2K

Buyers (Bids)

No.	Vol.	Price($)
4	374622	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	300000	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 - 11.28am 22/11/2024 (20 minute delay)

HXG (ASX) Chart

Hexagon Looks Beyond The Swarm, page-35

Top Stories

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MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Buyers (Bids)

Sellers (Offers)