Hazer in the news, page-22

I know this is a terrible thing, Coco, but I have to fess up on R U OK day.

Having bought the oppies at around 28 and sold at around 24, I barrelled back in at 22 when the shares were 49. Out yesterday at 19. I'd hate to work out the figures, but I think I've dropped a lazy $10K. C'est la vie.

The main reason is the lack of liquidity in the options. If you're a long term believer, fair enough, but if you need the money for any reason and there is no buyer, it's not good. Whoever bought my options yesterday may be a long term holder, and in that case good luck to him or her. But if they are looking for a 2c trade, they need a buyer, and where will the buying come from ?

I will be back, but via the shares rather than the options. At least there is a reasonably liquid market.

Please don't divulge any of this to Whatsa. I am afraid, very afraid.