HAW 1.54% 6.6¢ hawthorn resources limited

gaps, volume & resistance , page-35

  1. 655 Posts.
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    I think tha LCY with his 18% in haw is the main reason to break the correlation. we are close to 13 to 1. IMO they are doing it because they want to make an offer to haw of 10 to 1, and they will said that It is a 30% premiun. I hope the correlation coming back to 10 to 1 0r 11 to 1 and we can get most value for our shares. Anyway i hold both companys. It is very obvious that lcy will take over haw. if not haw will be at the end of 2012 at a multibagger.
 
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