Agree wholeheartedly MW,
Probably the very reason the share price gets pushed back down after every bit of good news.
It would be in the interests of the people/institutions you are pissed off with (justifiably in my view) to keep a lid on the price until most of the risk is overcome, so that when the business is finally looking like making a go of it, they can take advantage and swoop in at a low price without the anxiety a lot of us experience watching the business go through the highs and lows along the way.
What I'm still suspicious of is the sell-off beginning a day or two after the conference.
If a funding proposal was put to HGO and accepted did anyone use this information to their own advantage?
A week before the conference the SP was trending up. A day after the conference it began falling until the trading halt, finishing at a 3-month low. In that time 13% was shaved off the price. Nice discount if you're looking to buy in.
Just a mug punter's thoughts.
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