I wouldn't be suprised to see some buying on announcement of the JV company's formation and funds received.
You're quite right to point out that could be soon.
I agree with kev, preliminary indications are that we'll see more profit taking by the renewable energy investors, and loss cutting by traders.
I will be watching for a good entry price. It's a hard job when the company is conducting "investor relations,"
Bottom picking is a fools game but I don't think we'll have sellers below 5c because I suspect traders will have sold before then and long termers will hold it tightly.
HRL Price at posting:
6.7¢ Sentiment: None Disclosure: Not Held