HOG 0.00% 0.3¢ hawkley oil and gas limited

you must be joking, page-41

  1. 561 Posts.
    Meerkat,

    Share price doesn't prove anything other than the price. It is what it is and you can choose to interpret it however you like.

    Yes there have been few buyers for several months. This is fact.

    Agreed that we need positive announcements, but the first one will probably be the financial results.

    HOG is not fairly priced at these levels. There is a difference between sentiment and value.

    So anyone investing in HOG who sees a difference between the value of the business and the current share price and has a logical reason for where they see value is a ramper? And you are just a neutral buy-stander who constantly enlightens us that HOG is a terrible investment?

    Market forces and a bit of low volatility price manipulation have lead the price down. This is true. But this does not take away from the value of the business because price does not equal value. If you believe in efficient market theory then good luck to you trying to make above average rates of return and say hi to the elves for me.
 
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