lol it was only last night one of our fellow posters told nothing will change for quite some time. Well today a lot of things changed. Buyers were in control for the first time in a long time. The sellers control was smashed.
I said last night that there were 2 things that would likely help move the sp higher
- Maiden Reserve Statement
- June Quarterly
From Hartley 28/02/2011
"We anticipate that enough information will be available to have a
reserve independently certified by mid year. If the reserve is consistent with our
expectation, this would imply upside of 100% between now and then if Hawkley
trades on a comparative multiple to its ASX listed peers."
Just re-reading over the announcements and the Hartley's reports reinforces what a great buying opportunity this has become. I was more than happy topping up in the low 30's.
A lot can happen between now and then, but 2012 is shaping to be a big year for HOG. Nothing shy about the achievements thus far either.
Good luck everyone
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