HCH

3.82%

81.5¢ hot chili limited

Ann: Hot Chili Welcomes Glencore Investment, page-483

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05/08/21

23:15

Post #: 55069934
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Originally posted by mt88 ↑

Gents, its D Day tmr. We are all going to war.

Just to share some of the events that transpired leading up to where we are today, it all started in late April when 2 huge block trades happened in the ASX. At that time, hotcopper community was speculating on who the buyer might be, some even suggested it could be a major wanting a piece of HCH. Unfortunately we were all very wrong. The buyer is none other than this hedge fund.

Upon getting their hands on those shares, they regally dumped it in the market to make pip profit. The dumping went on for weeks. Our main man then demanded for a face to face meeting to seek for an explanation. When the meeting finally happened, the hedge fund used the Chilean senate vote as an excuse to do what they did. Instead of being apologetic, they tried to convince our main man to do CR straight away citing worsening conditions in the Chilean political landscape. They were so shameless that they offered funding for the CR.

Our main man walked out of that meeting in disbelieve, feeling both furious and broken. Those who saw him that day will tell you that his face was as red as a chilli. You can literally see boiling blood under the skin of his face. But he is a man who doesn't succumb. He has strong will and preseverence. He knows we have the goods and he will eventually find the right partner. All he needs to do is to is keep on fighting & not give up.

Fast forward to June, the hedge fund knows very well that we will need cash hence a CR as we are burning through them with all the drillings and PFS that is about to commence. And the shorting started. This was done for a very simple reason, drive the SP down to as low as it can gets, so that they can buy them back at a bottom price in the CR.

But unfortunately for the hedge fund, through relentless hard work our main man managed to line up investment from Glencore, Canadian Instos and the very famous Canadian billionaire investor. Not a single share from the CR were to be offered to the hedge fund. Hence, they are now caught with their pants down having to cover their shorts in market when trading resumes.

Gents, its our day tomorrow. It's our day to show them what we are made of. It doesn't matter whether you are bringing pocket knife, pistol or missile to this war. All of us need to play our part. It's our payback day, it's our day to draw their blood.

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Now makes sense what Cristian was talking about …
Go straight to 19 min …

HCH Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 81.5¢		Change 0.030(3.82%)		Mkt cap ! $123.3M

Open	High	Low	Value	Volume
81.0¢	83.0¢	80.0¢	$75.89K	93.97K

Buyers (Bids)

No.	Vol.	Price($)
1	161547	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
81.5¢	17456	1

View Market Depth

No.	Vol.	Price($)
1	161547	0.800
1	2412	0.795
2	7412	0.790
2	3052	0.785
4	29912	0.780

Price($)	Vol.	No.
0.815	17456	1
0.820	7583	2
0.830	4605	1
0.835	11538	1
0.840	4444	1

Last trade - 16.10pm 13/08/2024 (20 minute delay)

HCH (ASX) Chart

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