HOG 0.00% 0.3¢ hawkley oil and gas limited

update out!, page-23

  1. 448 Posts.
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    If we are to use the argument that, "HOG's value has been reassessed by the market and it's worth around current pricing"

    Then we could apply that same argument to any share and expect there to be no change in any share price in the future. We know this is not correct and shares will go up and down in the future. The beauty of the sharemarket is that it is not correct.

    If we look back to this time last year, the market thought Hog was worth 11c after having just listed at 20c. History tells us that those that sold at 11c and even those clever ones that sold at 14c, were idiots.

    I am sure again, this time next year we will look back at those that sold at 33c / 37c and correctly think those people were idiots.
 
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Currently unlisted public company.

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