This is every bit as valid as anything I wrote about above. I've often seen HC as a contrarian indicator in the past, and here I am now being that emotional retailer i've sought to be better than. It still all comes down to deals though, in my opinion. If the next $30m through the doors comes from a non-dilutive source, then we have a heartbeat. If it comes from 150,000,000 shares added at $0.20 then prospects obviously get darker and darker from there. None of us know how this is going to play out. We all have inklings built on hopes and fears, trust and doubt. It could definitely go how Bedger suggests, rather than the nightmarish scenario i've laid out. Obviously nothing is advice, and anyone would be mental to act on any retailer commentary they've read on HC.
As i've said before, i'm not selling, but i'm not tempted to buy right now either. My gut says more price weakness ahead as cash dwindles and frankly....who is going to believe any talk about proximate deals from these guys now? I'll believe a deal is happening when I see the money in the bank, and I doubt i'm alone in that. Maybe 2mg dosing confirmation will give the price a bounce before that - don't know. Quite possibly. I do agree that it is currently, more or less, priced to fail. That may well make this a ridiculously good opportunity, if it subsequently doesn't. Good post Bedger.
- Forums
- ASX - By Stock
- PAR
- Ann: PAR Selected for Major OA Conference Presentations
Ann: PAR Selected for Major OA Conference Presentations, page-31
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $73.55M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $216.0K | 1.057M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 143324 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 44935 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 138349 | 0.200 |
9 | 191984 | 0.195 |
15 | 199884 | 0.190 |
6 | 161140 | 0.185 |
16 | 784128 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 44935 | 3 |
0.215 | 132157 | 4 |
0.220 | 82155 | 7 |
0.225 | 31604 | 3 |
0.230 | 33834 | 4 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online