HCG 5.00% 1.9¢ helicon group limited

Agree with Silver01 here thercroc101, fundamental changes...

  1. 394 Posts.
    Agree with Silver01 here thercroc101, fundamental changes occurring here with the old holders opting out while the backers of FP and RT are taking up position while the sp is still at a lowish level.

    I checked this stock's performance and saw it spiked quickly on news of another deal they were looking at so it does indicate it is very tightly held. It went from 1.6c to 10.5c between July 09 and Sep 09....a 10 bagger for those who dared, the irony is no deal was consumated that time. I have heard both groups are pleased with each other after the dd was done and the voting at the EGM on the 23rd should be a formality.

    I am backing the ability of management to deliver on the products and the roll out in a fairly short space of time....say less than 18 months.

    There will always be volatility in tightly held stocks and some traders will prosper while others may get stuck for a while.....that's the trading game, I am investing here and believe my rewards will be multipliers.

    Good luck to all and DYOR.
 
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