still working through the oversupply i imagine. they released $3m of new shares on the register. Only a portion of these will want to sell (and won't want to sell below the $0.030 offer price of the placement) and in the last 2 days only about $150k has traded. So i predict a floor of about $0.030 will occur for another week or so and will chip away at this oversupply and will rise after that. I have seen similar action on lots of other placements and used the predictable share movements to make profits. DYOR though.
Placement Released, page-5
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HCH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.0M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 80.5¢ | 78.0¢ | $7.364K | 9.219K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 27896 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 694 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |
