I think many are selling to lock in some cash to buy back at the bottom. I was thinking of selling part of my holding after my post at 9:50 this morning. Could have sold at 32c and bought back in at 15c but was too slow.
Anyway have scrapped a few dollars together and bought another 20,000 at 15c which I am sure will be worth it in 6 months. Just really annoyed at such a naive announcement. What were they thinking with such a negative statement! Maybe they wanted it to drop to buy back LDA shares or top up!
HIO Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
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