At artound 12.00PM tody IG raised the Guaranteed Stop (GS) level for HDR to 15%. You can still buy it in a standard account (no GS) at a 10% margin. Other stocks can be bought with GS in place at around 6% margin (5% plus a little).
They explained that it has risen 100% in the last 4 months and is showing increased volatility. What they meant was they are losing big time. I believe they hedge all positions - so I guess they have a big short book on HDR - perhaps that's helping to push it up - short-covering by IG, other brokers and traders?
H
- Forums
- ASX - By Stock
- HDR
- ig markets raises gs to 15%
HDR
hardman resources limited
ig markets raises gs to 15%
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online