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17,111 Posts.
30
09/03/09
13:07
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Amazing, I have calculated the average price traded over the last 8 days for HDF. It is 81.8c over 8.8% of issue traded.
This is the most oversold stock on the ASX and still no buyers apart from a few traders like myself getting their fingers burnt.
The brokers almost have it in the 30's. I am sure they have wet their pants by now.
I wonder if the company is not telling retail investors something? Maybe covenants will breach in a few months?
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