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clock Created with Sketch. 12/07/18
10:52
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Originally posted by FiendishRedbeard
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No not a great response. Market is not strong at the moment at the spec end plus some tax loss selling. HEG are running low on cash soon if they don’t find a cash buyer for the gold assets and performance shares released post PFS. I’m not sure how much these factors are influencing them or if there are other issues.
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HEG had $2.4m in cash at the end of last qtr. FYI had $1.4m, so it shouldn't be due to cash position. I suspect it's related to tax loss selling and poor technicals.
