They may have listened to you @Varuka, but I’m not sure they’ve made the right decision with this marketing campaign.
They’ve started to promote themselves through this very forum!
Yes, we’re all members so the criticism could appear hypocritical, but the companies who I’ve seen advertised on HC have been microcap, highly speculative mining coys who desperately need a retail following.
The history and share price action of the companies who advertise through HC is more often in the negative direction after a HC campaign.
The HMS announcement has also triggered some of the ‘well known HC members’ to tweet and post here. If the followers of these individuals read their posts I hope they DYOR and buy in based on knowing what’s in the pipeline, rather than buying based on a tweet and flipping for a pip.
The thread view has doubled over the last week with ~600 views for the month, now ~1200, so there are new readers.
The share price still moves regardless if the buyers and sellers are retail or brokers. The majority of the CR went to HMS, Regal took another 50M, so still to find out where the other 70M went. The register is mostly held by cornerstone, Management and Founders who won’t sell and it’s easy to verify by checking the Top 20 and broker reports.
I’m not sure exactly what you want to see regarding the share price but it was low as 3c within the last 12 months so plenty of money to be made for a buy and hold. 3c to 5c+ is a healthy rise in my book.
If we go from 5c to 7c in 12 months I’ll also be happy.
The ‘value gap’ only becomes larger the slower the share price rises, so there’s potential it can jump rapidly after a large deal. CW was nice at $5M over 3 years but we now have $20M cash to build/buy something exciting here or o/s.
Swinnerton has developed a number of technology companies and may see a sale price in the future. Potential offers may come through that exceed the current market cap so another possibility of an unexpected large jump.
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