HMX 12.5% 4.5¢ hammer metals limited

HiI was wondering if the current main causes of bearish market...

  1. 139 Posts.
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    Hi
    I was wondering if the current main causes of bearish market sentiment will result in a good buying opportunity for HMX ? It seems likely that good drill results could soon be reported. However, the general market bearish sentiment could cause a short term subdued response and a good buying opportunity.
    I recently purchased some HMX shares. When I purchase a mining spec I will add to the position, if further drill results support the initial reasons for purchase and provide more confidence of further upside. Clearly, this usually results in a higher subsequent purchase price. However, if the results are poor I will re-assess and most likely sell at a loss.
    I intend to apply the same approach to HMX - but general market sentiment could provide a short term subdued response to good results and a better than expected subsequent purchase price (and more HMX shares than otherwise would have been the case).

    Regards

    Old Fisherman

 
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Last
4.5¢
Change
0.005(12.5%)
Mkt cap ! $39.88M
Open High Low Value Volume
4.0¢ 4.5¢ 4.0¢ $49.65K 1.168M

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No. Vol. Price($)
2 103800 4.2¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 42300 1
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
4.4¢
  Change
0.005 ( 12.8 %)
Open High Low Volume
4.0¢ 4.4¢ 4.0¢ 290994
Last updated 15.55pm 21/05/2024 ?
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