I follow Peter Kennan of Black Crane Capital pretty closely.
He has made a fortune recently of Emeco Holdings (EHL), who were bankrupt when he bought their debt and changed it for millions of shares in the company, which have gone from 3 cents to 21 cents in the past year or so.
More to my point, he is a sharp fella who has a large holding in this struggling company and now has been appointed to the board which can only be a good thing.
Thanks
MRM Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held