67 cents, WHY, page-5

Given that HAV is an illiquid stock, price swings are to be expected.

The flip-side is that the share price should rise just as fast when demand for HAV increases provided that purchases are done on-market. Existing shareholders would then benefit due to the competitive pressure that ‘price discovery’# creates.

Also, remember the following quote from 'Uncle Bob' as recently posted by Clark888:

http://hotcopper.com.au/threads/on-days-like-this.2877990/?post_id=18899046#.V_x3f6JPhZo

As at the close, most ASX listed gold miners were in the red, so HAV was not alone. For example:

	Column 1	Column 2
0	Code​	Change (%)​
1	DCN	-0.6​
2	EVN	-2.69​
3	GOR	0.9​
4	HAV	-4.11​
5	HAVO	0​
6	IGO	2.09​
7	MOY	-1.82​
8	NCM	-2.05​
9	NST	-0.51​
10	OGC	-1.31​
11	RMS	-2.13​
12	SBM	-5.46​

DYOR


# “Price discovery is the general process used in determining spot prices. These prices are dependent upon market conditions affecting supply and demand. For example, if the demand for a particular commodity is higher than its supply, the price will typically increase (and vice versa).” (Investopedia)