HDR hardman resources limited

oilbarrel.com, page-6

  1. 46,644 Posts.
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    re: hdrizq cheap you are correct its cheap and thats why the market maker was buying them back at 56c and its also why you cant buy any from the market maker on the sell side under 65c and thats pretty much the way it has been since they dropped down to $1.40.

    The trades today have been ordinary punters selling back to the market maker probaly for tax reasons.


    If you have live screen display you can see what the market maker buy price is as it moves up and down cent for cent by the robot against the fully paid.

    The sell side should be 1c higher ( the spread ) but that has been absent for weeks now because the leverage has got to great for a rolling installment warrant .

    I dont expect to see a level playing field on hdrizq again until we get back to $1.80 $1.90ish.

    So if you were lucky enough to get some for 56c today good luck to you.


    I hold 150000 hdrizq and would like more but i want to see the shorts come down to a respectable level before jumping in again.
 
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