Heron should have taken note of the movement in Peel Mining (PEX) share price increase on the back of good zinc result announcements on 19/10 & 30/10/2017 which saw the share price rise by 48% and then by a further 45% from .23cents to 45 cents. Not bad for a minor.
One would have thought that those at Heron would be shell shocked at PEX's performance but it was all in the way the announcements were presented.
Admittedly PEX had a bit less than half the shares on issue when compared to Heron (at that time) but each time Heron made similar zinc grade announcements, the Heron share price did absolutely nothing and still does nothing.
It will remain a basket case until such time as they learn how to sell themselves.
Go on HRR, go read PEX's announcements, they write good ones!!
HRR Price at posting:
7.5¢ Sentiment: Sell Disclosure: Held