HRR 1.69% 5.8¢ heron resources limited

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  1. 582 Posts.
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    This is where the problem lies. If preopen tomorrow an announcement comes out, share price goes to 11 or 12c, that approx say a 50% rise is this fair value? The AFR and others will report the share price skyrocketed 50%, making management look like geniuses because most ppl read the headline not the fine print which says share price was totally hammered coz management kept sending false smoke signals to the market indicating funding was here. Then us shareholders who trusted them cop the raw end of the deal. Its really not good enough not at all. I understand you take a punt on these stocks exploration blah blah but when your horse is metres from the finish line n the jockey decides to change direction n run adjacent to the line for some reason then its mismanagement! Surely!!!
 
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Currently unlisted public company.

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