HIO 4.35% 2.2¢ hawsons iron ltd

Ann: Hawsons secures A$ 200m equity funding package, page-633

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  1. 3,782 Posts.
    lightbulb Created with Sketch. 1121
    missed many, rode many. its the lovely asx rollercoaster, swings n round abouts.

    posted the FMG trajectory a while back, plenty of opps to enter through the cycle.

    Evergrande and its friends (other developers) may go to cr@p and send IO back sub $70, funding may choke u (its $2bn after all), many hurdles yet ahead but in the words of the wise, do u have the resource? yes, is it economical to mine? in a tier 1 jurisdiction - yes, then no brainer, someone will mine it at some stage.....til then, ill wait in the shadows for my opp....the 7c guys will be laughing....i was simply distracted by others at that stage....15-50c is a bargain entry anyway.....im just a tight a$$ and waiting for another opp to explode b4 i circle back and do some trades with this baby......this is a perfect trading stock, it will rise, it will fall (never goes one way), and if u get caught at a "high", well, no harm in holding it long term as we can all see it will eventually be worth multpiles of whatever high you bought it at. traders delight really, u can keep recycling ypour holding until you become free carried or more! (IMHO-dyor)....

    gltah

 
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