HAW 1.64% 6.2¢ hawthorn resources limited

calculation for alquimista, page-34

  1. 6,236 Posts.
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    wormy,

    the implications of your question re the drilling could be big in the short term. If some players think we are going to be waiting until mid year (or beyond) for phase 3 results then it is likely that wall at 1.2c (which is building nicely) could be tested.

    With all of the SPP participants well in the black, we could see a bit of momentum towards the sell side. I have put my buys in place just in case this transpires.

    Also, you'll find the technical analysts have a cause to believe 1.1c needs to be tested before the next bounce up.

    I'm just sorry I didn't go for the arbitrage trade at 1.5c as some of our other posters have done.
 
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