HHR 16.7% 0.7¢ hartshead resources nl

Hi all, unfortunately human nature dictates that as soon as most...

  1. 1,290 Posts.
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    Hi all, unfortunately human nature dictates that as soon as most retail investors see the 4c CR in the ANN that's all they see, the assumption (based on 90+% of CRs) is then that the SP will drop to the CR value or lower, so many weaker hands simply sell to make whatever profit they can get before it drops to that level.

    Today is a huge tick but there's going to be a month or two of churn before it pops, the fact that essentially no value has been ascribed to phases 2 and 3 is hugely exciting. I bought a big chunk today and will continue to do so as funds allow, all about the bigger picture, almost impossible for a speccy to avoid the piggies feeding at the trough these days. GLTAH.
 
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