Let me first say; I do not hold any HCY.
I have been watching the sp for the last couple of weeks and the last couple of days the chatter has died .
Over the last 15 years I have seen alot of consolidations and the result has always been a lower sp after the event.
E.G.I have noticed that when a company does a 10:1 say at 3.5c; then more often than not that new share wil drift down to about 22c-25c.So that will be equivilent to pre consolidation2.2c-2.5c.
HCY may have a good story; but the above scenario will pan out.
I don't mean to upset you Bionicboy;but that is what I have learnt over the last 20yrs.I do wish all of you good luck but I am going to wait for about 2.4c-2.7c, before I think about buying.
These are my thoughts only and I do encourage you to DYOR!!!!!!!!
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HCY
halcyon group ltd
Let me first say; I do not hold any HCY.I have been watching the...
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