HDR hardman resources limited

However mkt was going up pre-ann. on Ching 1 (insiders buying)...

  1. 672 Posts.
    However mkt was going up pre-ann. on Ching 1 (insiders buying) and was going down pre-ann. Courbine (insiders selling). Now Ching 2 mkt has been going sideways or down for past few days pre-ann. Could be simplistic but 'the market is always right'..... isn't it ?

    Salty, for both Ching-1 and Courbine last year the action was led from the HDRO options, with the HDRs being dragged along. Insiders will play the options because they have more leverage for their cheating. The options are not moving much at all which suggests WPL are keeping this one tightly wrapped after the fiasco last year when the tea lady cartel cornered the market. Keen an eye on the HDRWMAs, any sudden, large movments could tell the story of Ching-2.
 
watchlist Created with Sketch. Add HDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.