HXG 0.00% 2.1¢ hexagon energy materials limited

The true value of a company, page-4

  1. 1,646 Posts.
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    Assuming that you are genuine with your question Willow and I'm sure you are -at the time of my HXG share purchase with the F/A information available, it seemed to me that with the very high quality of the graphite resource, the growing world wide EV battery demand, the size of our resource and the disclosure by the BOD's that they were in "advanced discussion's" I expected a fairly quick rise to around 35c at a minimum and whilst it did at one point hit (I think) 29c I considered that was an 'over bought' situation that was not accompanied by supportive news and I did consider selling at that time but had earmarked HXG for a plus 12 month investment for CGT reasons. It turns out that it was over bought and it has dropped back accordingly, probably solely because of lack of news as nothing else has changed for the worse.

    I am happy to continue to hold especially as the 12 month period is approaching but I still see a SP above 35c as things move along but at present we are in a stalemate.

    What about you - you are still showing 'buy and held' - all going well, do you see it above 35c as well ?

    Cheers mate and all the best to you.
 
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