So what’s your wife saying tonight?

First 15 Last

Share
Profile

Follow
McQuade

1,363 Posts.

484

06/08/21

21:48

Post #: 55099904
Share

Originally posted by Hunger: ↑

Lol. The big dip yesterday was just me selling all my HUO holdings. I was selling to decrease my liquidity risk if the deal wasn't going to go ahead or that the offer wasn't suitable for the Benders. I had 34597 units. I bought most of them at the bottom of the dip at $2.30.

I personally think a deal will go through but I spoke to my wife my holdings and I went way beyond her risk appetite. So I just liquidated it yesterday.

Key things I noticed that might be of interest to current holders are two large cross transactions. I kept screen shots but one example being on the 15th July for $1.01M. Made me think if it was Tattarang at work. Both transactions combined wouldn't of amounted to 1% change in substantial holdings but they were getting close if they were.

I also note it was also interesting that HUO released the statement when they did. In my opinion it would've made side transactions for a strategic holding much harder to do as there are not a lot of other large holders to target. Statement wasn't really required and timing was very interesting.

Also don't forget Twiggy is likely very interested in aquaculture, fish feed, green energy (land based pens), Asian trade and his reputation in WA.

If it's a long term play and I were Twiggy, I'd be creative on what I offer the Benders because I wouldn't want to lose them from the business.

Since this is my first post on HC. I just wanted to say DYOR and GLTAH. Also interesting bots on both the buy and sell side.

Expand

So what’s your wife saying tonight?

HUO Price at posting: $2.79 Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10 more messages in this thread...

First 15 Last

Add HUO (ASX) to my watchlist

So what’s your wife saying tonight?

Featured News

It’s hard to imagine a world without a mining company called Anglo American

The Big Deal: Welcoming Warren Tredrea's words on the business of sport

Daily ASX Market Update: Materials drags market under - May 30, 2024

Daily ASX Market Close: Index slides as basketball fan makes $40 million bid for Perth Wildcats, May 30, 2024

Sun Silver kicks off historical drill core assessment as US grant application underway

So what’s your wife saying tonight?

Featured News

Top Stories

It’s hard to imagine a world without a mining company called Anglo American

The Big Deal: Welcoming Warren Tredrea's words on the business of sport

Daily ASX Market Update: Materials drags market under - May 30, 2024

Daily ASX Market Close: Index slides as basketball fan makes $40 million bid for Perth Wildcats, May 30, 2024

Sun Silver kicks off historical drill core assessment as US grant application underway