Price action, page-2796

Coco, we go way back on Hazer. As I recall, around the 25c mark.

Having sold at about 30, seller's remorse was devastating when they rocketed past 150. Such is life.

In terms of market action, the picture over the past fortnight is a morning rally and an afternoon sell-off.

This tells me that fear and greed have become more significant in Hazer price action than previously.

I bought 130K yesterday arvo at average 90 and was probably the only serous buyer at the time.

Fortuitously tipped them this morning at average 93. A rare win for Billy.

More to the point is the tax-loss scenario. And also the June 30 valuation for instos.

Probably not for you, Coco, as an investor, but for traders there might be a chance to buy below 90 in the next few days from tax-loss dudes and hope that an insto wants them looking good in their books at EOFY.

Which ever way it goes, Billy will keep a few in the bottom drawer. The story is a good one.

Hope all is well with you.