Had a look at the announcement last May - However since then you guys have had to cop that it was almost fake news in a way- one year on and those lenders have left the building-
Your correct that there is no demand now- and fwiw anyone trying to exit a large position now has no chance- the depth does not exist- just a thought - that announcement created enough liquidity for a lot to exit at that time- Positive news is sometimes what I treat with suspicion- IE in a lot of companies - it is often the case that a much anticipated good announcement can be met with heavy selling- those in the know use any of these events to exit large holdings-
I also think that you amongst the bulls has the ability to see things a little more objectively-
The way I see the 'argument' now is how will the hedge fund really treat the current SH-
I see a lot of hope that it won't be as bad as all the bears are saying-
I am not really interested in that argument- it is a bit futile- sometimes too many get sucked up in the right fighting on these issues - again- imo look at the general reality and forget about who is trying to prove a point- or alternatively - think about it like this-
If you were to trust anyone of these posters - bull or bear - who would you pick- in the scenario that you were not already holding-![]()
I am challenging you to chose between comfort and intellect---
Now- just thinking out loud what would I do if I was stuck- here in this scenario with no extra capital to tip in- ideas? I will let you come up with the two possible safety moves in this particular situation-
I think the bulls are understandably defensive - but togetherness and hope does not rescue capital -
hint - IF and it is an if - you were to at least sell half your position- and wait for the recap- what do you lose? have a think about that
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Last
$50.72 |
Change
0.360(0.71%) |
Mkt cap ! $20.64B |
Open | High | Low | Value | Volume |
$50.55 | $50.84 | $50.21 | $11.06M | 218.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 367 | $50.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$50.95 | 367 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 802 | 53.250 |
2 | 32 | 52.160 |
1 | 36 | 50.910 |
1 | 300 | 50.650 |
1 | 153 | 50.530 |
Price($) | Vol. | No. |
---|---|---|
50.650 | 446 | 1 |
50.700 | 40 | 1 |
50.720 | 125 | 1 |
50.750 | 40 | 1 |
50.910 | 153 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
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