HGO 1.52% 6.7¢ hillgrove resources limited

ripper, page-10

  1. 872 Posts.
    yes, also agree that placement is positive...
    20c, close to market but more impressive is who placement went to.
    + Macquarie Bank Limited (Metals and Mining Division)
    + Merrill Lynch Natural Resources Fund.

    So can assume placement wont even hit the market and have to think that these guys bought in for a good reason.

    Now, sp just has to get over sell offs and large sell orders, that (imo) have been aimed for awhile now at keeping sp down for accum purposes.

    _______________

    As always just my opinion.
    Not aimed at ramping or deramping.
    So please do your own research.
    Good luck to holders
    rc
 
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