RE: If it’s any consolation26 Jul 2018 18:47
Thanks for the thorough explanation HD. I think I get you! Like I said I don’t follow L2 or order books so that’s a bit of a black box for me. I just go for good old fundamentals, as I know you do too, and HNR has it in spades. Although it seems dusters are the new drilling successes!? Maybe this company is too honest, and future milestones are too well known. I’m not criticising that at all but it seems to allow traders to predict exits and re-entries. But long term you would expect the SP to catch up with valuation, and who knows, maybe that big deal will drop out of the blue! We definitely have enough opportunities for this to happen. Disappointing today, but I see this as a low risk, high reward play for the patient.