PSL 0.00% 1.7¢ paterson resources ltd

Bounce Day

  1. 688 Posts.
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    Looking at the chart above we are heavily oversold.  HDY are looking to raise capital, so we might just be in luck for a rights issue.   Watch for an announcement of the rights issue, the share price will fluctuate widely. Generally, the price will go up because investors now want to buy the shares so that they can avail of the rights issue.
 
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