HER was significantly sold down on the sth east asia tragedy, was bound to happen given it is very illiquid.
As HER stated, no impact on the project apart from minor damage to the port, and there is obviously plenty of time before production for the port to be repaired.
I hate to be opportunistic in the face of such a disaster, but any further weakness would present a very cheap entry imo. Remember Macquarie recently took a placement at 85c (market price) without even a placement fee.
Cdchi1
HER Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
