HDY 0.00% 0.4¢ hardey resources limited

Ann: RM Research Report - Retraction of Statements, page-36

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  1. 14,796 Posts.
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    for those who are dismayed at the sp, what did you think was going to happen, seriously, when the vendors got their stock ?


    just get used to it, it is an over supply condition, and we wont move up until its washed out.


    some vendor stock may be stickier than others, so it doesnt mean the whole amount will get flushed out.


    It comes back to MC, and what we have in the ground, and if we can get early permitting to mine, etc.

    Those are fundamentals, and cheap MC wont last forever  if we are able to put things in motion.


    If you were the vendor, wouldnt you like some cash now, and some stock put away for later ?


    Clever money imo, buyers, simply wont buy in until the rain stops., or accumulate at what vendors are willing to limit sell at.

    Last edited by stevenjd: 05/09/18
 
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