HTE hitec energy limited

current thinking

  1. 23 Posts.
    Dolphin 58,
    Just to pass on my thinking,as requested. Like all shareholders I have been dissapointed that the last couple of quarterly reports have not been able to give the go ahead to the project.I think Management's caution has been wise despite being hard to accept to long waiting shareholders.
    However I still think the project is a good one & hoping the next quarterly due by the end of this month will provide news of some definite progress decisions. There is a need to get the sp up to a more realistic value of what the shares are worth, which I would suggest is about 10-12c & it will take solid progress decision news to do that. I was very tempted to sell for tax deductions last month, but eventually decided the price was more conducive to buying (even considering a share restructure is a pobability) than selling, so I decided to sell something else & buy a few more HTE. I guess the next 6 months will tell whether my speculation was the right decision or not.I hope these thoughts might be useful to you & other shareholders.
    Cheers,
    Nev.
 
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