Byron, you are familiar with financial year end tax selling, no doubt, and the fact that it usually runs right up to the end of June? The seller on Friday and presumably today look to be in that category. I myself have been selling and buying back gradually for the last 6 months and have even made a profit on the way through, as well as creating a tax loss, so I assume I'm not the only one doing that.
The 8th May announcement reads as follows:
Further to recent communications with joint venture partner RockRose Energy, Hartshead acknowledges receipt of legal correspondence via RockRose’s legal counsel, proposing to pause ongoing procedural timelines under the Joint Operating Agreement (JOA) for a period of 28 days. This pause aims to facilitate continued commercial discussions between the parties in good faith and can be extended by mutual agreement.
HHR Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)