Well hasn’t that T20 shut a lot of punters up lol. Helps to be informed. I sighted a Top20 around late Feb and 12M would have got you in 20th, now it doesn’t even get you in to the Top30. More than just a few consultants in there now, actually quite a few previous T20 have moved up. Think about it!!
So I wonder who HBSC Nominees are buying for? Could it be for a random or could it be HBSC bank?
Helps to be informed, like all the parties who took up the $2.6M CR knew full well Magna would do their usual and dump for a few days, and will continue until empty. Some big buyers enjoying cheap discounted shares, cheers Magna thumbs up lol. Loyal and dare I say well informed parties had no problem stumping up $2.6M, doesn’t that say something! They don’t come to HC to know what’s going on. I suspect they’ve enjoyed topping up cheaply thanks to Magna too. This price drop is only temporary imo until Magna empties out with the new regular funding replacing them shortly, then back to normal and away we go. It’s no secret the Magna temporary financing was going to be speed bump. Actually I’m curious where the FT deal is at, that was never canceled nor rejected. Just a bit late and missed the deadline.
It was also interesting the frenzy of rants yesterday, I can only imagine it was the usual boring mind games at full throttle or T+2 traders crying because they had to bail. Funny to watch all the same. Flushed out the down rampers well and truly, a neat list to read and ignore imo
Looking forward to the new finance arrangements sometime soon.........