Oh, and I went through the same thing with ADN. Had to sell all my holding because of the freaking twitter short campaign. (the share price was primed for a short campign - that is the fact). That was merciless in comparison to the trading in HCH the past couple of months.
Also, going back to what a lot of people here have been saying, plenty of opportunity to buy on market fat 3.2c recently so no need for a SPP IMHO (and often I am the one calling blue murder if a micro-cap speckie does a capital raise for the boys and leaves the retail out), but this is differnt.
Also, I market up the chart and posted it weeks ago. I don't want to get ahead of myself here, but I only reposted my updated chart from May about a week ago. What has been going on here is written in the chart:
OK. I've drunk enough red wine now to hopefully get to sleep. Sweet dreams all and go HCH. Honestly I don't care about Phil King at Regal or Taurus or the Farr-Jones who work for them. I get some satisfaction for calling them out for the predatory bottom-suckers that they are, but at the end of they day, they make the opportunities too. I've done well out of the volatility of PNV which seems to be an endless loop of a tussle between the shorts and the longs.
HCH Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
(20min delay)