Just had a look over the companies web side and at what seems pretty reasonable research reports by various brokers.It would seem a very short time ago the brokers were assigning a enterprise value of $52m.
With a current market cap fully diluted I cannot see what all the stress here is about. All that has happened is a sleeping stock has sprung to life again.
Would have thought worth a punt.
Macbank holds 8% and having worked there on the broking side I can say the insto/ fund manager types there dont get paid the big bucks they do because they are village idiots.
Flux
HWK Price at posting:
3.5¢ Sentiment: ST Buy Disclosure: Held
