HXG 0.00% 2.5¢ hexagon energy materials limited

Ann: December Quarterly Activities and Cashflow Reports, page-15

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  1. 3,722 Posts.
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    imo a combination of things, there will be no news re Ebony until after shareholders meeting / vote on 10th March which is 4 weeks away, so I expect traders as opposed to investors will exit and put their capital to work somewhere else. Hxg have announced they will raise $5 mill after the vote to progress things so again some investors will see this as a negative and sell or avoid buying until that is completed. If you have a view longer than a week which I know is unusual to find these days LOL then I think it’s a screaming buy right now. Hydrogen is the absolute right space. It may go lower for the reasons I listed above between now and 10th March but I intend topping up and averaging down.

    This is not advice just the rambling thoughts of a long time and decent chunk shareholder.
    Last edited by whatsnext: 12/02/21
 
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