I picked up more at 11.5 too some 6 weeks ago and was able to average my price down over 20%. It's a no brainer in my opinion, it will get there. My concern with any change of leadership is that I fear for our tight register becoming a cap raise catalyst at a time that it is not needed. Such is the nature of unwarranted takeovers that aim to win control of what we can assume will be a monster. Imo Adam Schofield has maintained the issued stock at such a low level to avoid diluting those who have supported the company from listing. This is not your average start up, 2 years on and still next to no dilution. They even removed the resolution at the AGM which would have issued 1.5M stock to the directors. Well done Adam Schofield in keeping the register tight. It makes me wonder if this lucrative position we find ourselves in was not to the liking of some.
HVY Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
