HAZ 0.00% 4.0¢ hazelwood resources ltd

what happened today?

  1. 3,178 Posts.
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    HAZ put out an impressive investor presentation this morning. You would expect the share price to hold firm or go up.

    Instead there was massive selling into lower prices.
    Was someone just waiting for the presentation to sell out once some interest was generated?

    Anyhow the selling stopped. Buyers have come in to try to buy at those cheap prices but no-one is selling to them now.

    Further, the sellers who had been at 3.1 and 3.2 cents have disappeared altogether. Will they offer to sell tomorrow , or was today just a once-off to monetise some assets for somebody?

    Tomorrow we shall find out.
 
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Currently unlisted public company.

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