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In an ideal situation we need everyone to hold tight ,... force the mm's to move the SP up,.. guard this place as if it was the Alamo!!
It don't work like that unfortunately, I'm all for the weak selling makes for a stronger base as we boom north .
Hope this forum doesnt turn into a rampfest like he1
Warrie, welcome it sounds like you managed to crawl across to the HEX field hospital for HE1 walking wounded and now your recovery can start lol. Fighting talk I like it and it sounds like you are feeling better already ! Best of luck although I don't think we have got to do much bar sit and wait. GLA Swissy
How many recent arrivals here are on the back of a recent He1 exit I wonder???
A lot I bet!
Absolutely baffles me how any mention of HEX over there is immediately shut down. Complete cult and completely the worse way to think about shares - should never get attached. Do they not want to make money because of ‘loyalty’ lol.
Have given up posting over there now
He1 treament of shareholders this last year has been with utter contempt. More fool anyone who is loyal to them after the dreadful treatment they gave holders at the end of 2023. Sarah Cope still in the financial driving seat of the company as far as I'm aware, so fear the worst.
It is really strange that HE1 buyers aren't buying here. I made a very handsome profit back in January on HE1, and now I've put a decent chunk of the profit in here. I agree, being attached to one share is a recipe for disaster. Always better to spread the risk. I missed the first rise of HE1 a few years ago when it went to 30p so glad I'm here now for this one.
Bond, some of the punters he1 just don't listen. 3 weeks back I was shut down and accused of cross ramping.
Even today I will buy more of hex than put a penny into he1.
December he1 had placing at 75% discount, March placing at 30% discount. Why because the BOD there hold next to nothing and another placing is coming there any day as need funds for EWT in Q3.
And put all thst aside and a whole number of factors mentioned numerous times here HE1 market cap today is £50 million and HEX is at £20 million.
I know which I would put any new money in.
Must say I was one of the HE1 loyalists. I hope they do well but the repeated dilution has to be a concern for any investor. I'd sooner HE1 took on debt because at least it shows institutional support. But I dont think they'll do so because insties dislike the high risk profile. If HE1 BOD are convinced they're onto a winner, best thing they can do now is Director buys. Rukwa can be a graveyard for businesses. Afterall it's where elephants go to die.
He1 will be a rocket later in the year, probably August onwards, but this looks brilliant at the moment. I'll be buying in first thing and hoping I haven't missed the boat too much.
I think some of the he1 buyers are already here.
.........just keeping quiet (for now).
I said a week ago that I could see a wall of cash moving in here from he1 at some stage and I think that that is what has started to happen.
GLA
I bought some here last week but I haven't touched my HE1 holding. It isnt about taking sides. Both have positives and negatives.
# Trades 662
Vol. Sold 1,484,620
Sold Value £256.79k
Vol. Bought 3,555,445
Bought Value £644.99k
@Swissydog
Thanks dude , I got lucky a few weeks ago when I was getting nervous about the next HE1 raise. Someone mentioned HEX and I took a look at the company, liked what I read and in all honesty thought at the time it could be a better investment.
I have been through two dilutions in HE1 and still managed to average down to where the SP is at present, but I genuinely think the He1 BOD'S couldn't give a toss as to how much money you put in,.. so it just felt like I needed to go with my instincts and do something to break the rinse repeat, catching a falling knife repetitive cycle I was being sucked into.
I will be honest and add that the only way to stay afloat and make a profit in this game is to stop kidding yourself that there is a large pool of loyal shareholders willing to watch the SP slide,... my rule follows something along the lines of a strategy that I think makes more sense.
Don't allow your investments to fall below 7%,... I decided to tighten that to 5% and I have seen a dramatic turnaround in my fortunes.
I wouldn't rule out buying back in at HE1 but I think I will sit it out and see if a further fund raise is announced before I buy back in.
I've licked off my wounds and l wish everyone invested in here all the very best with whatever level of investment fthey have,... just remember to make it difficult for the mm's,.. it's about time they were fed just the scraps.