HAW 0.00% 6.0¢ hawthorn resources limited

Ann: Corporate Restructure and Share Purchase Pla, page-30

  1. 12,345 Posts.
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    re: Ann: Corporate Restructure and Share Purc... Mmh, was still holding as I was expecting that HAW will get taken over by LCY. Don't understand the rush now, LCY was doing all the work, next month JORC to be released. Either LCY had pressured our management to spin off Mt.B to get just the IO fillet and leaves as with the rest or management just panicked.

    If I was the management I would have been around and offered other partners our, still 100% or later 40%, share to show LCY that I got some guts.

    Anyway, too late now and some may sell it down to 0.8c or lower but still worth to catch them at those prices. Was expecting 1c getting hit anyway, therefore not too disappointed if it goes down, just disappointed about the way management handles the matter.
 
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