The SPP might have been good for the companies coffers, but as far as the share price goes it has been a b***** disaster. Just had a squizz at the individual sell orders at $0.40, there are ten individual sells of 28,268 shares which are sell offs of the placement at $0.43. Considering the volume that were placed, this is going to take forever to clear out these shares and they are all out of pocket. Following the commentary this morning re the trial shipment, something is not right here. First up the company are telling us that 10,000 tonnes were for Ballance in NZ now they are stating according to Dean Richardson that it is for 4-5 different companies. I don't know about the rest of you HC posters, but i'm bloody confused to say the least!!!!
AEV Price at posting:
34.6¢ Sentiment: Hold Disclosure: Held
