"didn't dive because HMX would have brought bad results"
No, it is diving because management paid credit card rates to get the last CR away, we are burning 280k on wages so the chairman can recoup his investment a la tails I win, heads you lose strategy, we've invested millions in looking briefly in lots of different places, for lots of different things and then moved on at the drop of a hat.
Perhaps, more pertinently, we advised we'd have a whole load of news out in August and nothing was delivered, there's no advice on how long until the promised news will be delivered, and on past performance it will be underwhelming.
Sticking with my prediction this is headed to 3c within 9 months (posted that three months ago and we're halfway there already)!
Really, really hope I am wrong and major news is around the corner but becoming more heretical by the day.
HMX Price at posting:
4.8¢ Sentiment: None Disclosure: Held
