HDY 0.00% 0.4¢ hardey resources limited

Ann: Results of Meeting, page-12

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  1. 2,311 Posts.
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    haha, a close price of 0.002 does not mean you've doubled, for a wall to eat through before you could exit with any gains

    That said, oppies are clearly the good play here IMO, a lot of interest growing in HDY and some big buys going through. A few sellers and stale holder to get through which is understandable, but IMO this is moving faster than expected. Loaded up a few weeks/months ago and looks to be derisking a lot since then... People a bit scarred by last year I think, but different names and different plays, each to their own MC is very low and some pretty prospective acquisitions, was good enough RvR for me while back, even better now - the upside is pretty phenomenal and not often you find bottom dwellers with good prospect to turn around, often by the time they start looking good the floor is gone - but doesn't seem to be the case here.

    Good luck to all getting set, I have a feeling it'll be worth the hold.
 
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