HCH 11.4% 78.0¢ hot chili limited

Ann: Higher Grade Core Confirmed at Cortadera, page-172

  1. 852 Posts.
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    That's only 545,300 shares, and based on averages (lets use 6 months to keep it simple) around ~91k shares / ~$150k per month, which isn't that massive a turnover for a $170m MC company. IMO it's death by a thousand small cuts as other sophs and retail holders also capitulate, likely due to slow reporting, so have also sold each day / week over the same period resulting in an over sell deficit.

    The self imposed news blackout period, that wasn't announced to market, has got to be up there as one of the stupidest plays (but definitely not the worst) that I've seen by a junior in the last year. C'mon CE & Co, you've had your kick up the backside, please ensure you get the marketing right and the MRE & PFS announcements are winners!
 
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