HRR 0.00% 4.5¢ heron resources limited

and away we go, page-2

  1. 434 Posts.
    Seller depth has been non existant for a month... look at what its done to the price :) 1.5c above 12 monthly high (before today)....

    I'm still -50.2% on these:P, but, I've learnt an awful lot since then, and know HRR is worth more than 28.5c :). So, I'm comfortable. This is still a 2012 project for me :).

    They now make up a comfortable 17% of my portfolio, but wouldn't complain if I had to top up at 28c.

    Shortterm, potential for a pullback to say, 25c. Potential also for the short-term to keep going as it has for the last few months. Up from 12c to 28.5c.
    Mediumterm, I see it further consolidating, stopping it's rise at some point. Whether that be 35c, 28.5c or 45c it's too hard to tell.
    Longterm, I'm very hopeful that by mid 2012 I'll be a very happy man.

    But, over the last month, buyers:sellers have been hovering between 6:1 and 12:1. Been a low volume share for the last 3 years, and, thats understandable.... but, volume is also picking up compared to the last 6 months.

 
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Currently unlisted public company.

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