The appendix 4c isn't a big issue. 1PG had only 124k of receipts...

The appendix 4c isn't a big issue.

1PG had only 124k of receipts for the SIX months ending 31 July 2015!

They listed in October 2014, and in their 2nd and 3rd quarters receipts were only 124k!

They are approx 9 months ahead of us in terms of listing on the ASX yet there market cap is approx 600-700m!

There was unnecessary PANIC and/or PROFIT TAKING.

When you get greedy and when you got the IPO stock at 20c and its runs to 1.90, it's easy to sell at 1.80, 1.70, 1.60, 1.50 or 1.42!

It's still a six bagger at 1.42!

It's a bit different if you buy at 1.90 and it drops to 1.60, you must stop yourself out if your a trader. Take your stop loss.

The PANIC was from short term speculators that have been attracted to the stock. The true believers aka "good guys"were NOT the sellers.

The true believers have soaked up the stock and will continue to do so at these levels.

It's a good lesson for all at HC. Best to focus on the medium to longer term value proposition type stocks rather than get caught up in hype/pump and dump type stocks.

Good luck to all holders.

It will rebound strongly if anyone is interested during the Melbourne cup carnival!