Not sure if your aware of this jonny but yesterday I read on news.com in their daily wrap speel with analyst commentary that support was broken on the ASX200 signalling further downward pressure on the market. I think this pressure and market sentiment will currently override any good fundamentals HAW has in the short term.
Commodity prices are coming off and my experimental precious metal buy is feeling it haha. A possible positive of this though is our dollar is weakening to the US. If recent downwards pressure is due to the fact that our dollar is too strong maybe a correction is on the cards in the not too distant future provided the dollar trend continues heading to parity.
May some decent short term gains to be made in the not too distant future. I am still sidelines though for now.
Not sure if your aware of this jonny but yesterday I read on...
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