HRR 1.69% 5.8¢ heron resources limited

Ann: Quarterly Activities Report and App 5B, page-17

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  1. 4,579 Posts.
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    Tangs - Some of us don't share your exuberance just yet. I saw you became of proud owner of Heron in mid January (not even 4 weeks ago) and it that time the s.p. has increased a mere .06 cents.....not before time!!! but perhaps it is short lived.

    You did post a few weeks back that you had been "watching" Heron for some time but you obviously were not watching close enough to participate in free Ardea shares and the opportunity to top up with more at .20 cents. For the record, these shares are currently $1.45 having reached $2.00 plus in less than 12 months . Fairly amazing that Heron sat on those assets and obviously thought them worthless and no sooner they became Ardea's assets and bingo!!!

    So Heron will have to perform to far greater heights to create too much enthusiasm from many Heron and ex holders and besides, the company has to learn to sell and promote themselves far better. Hopeless in that department so far.
    So i wish you well in your new investment and don't get too carried away with the lack of depth on the sell side, it means nothing.
    Meanwhile those worthless assets (now all belonging to ARL) will continue to outperform Heron for the months to come.
    Good luck with your holding.
 
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