As a blind man reading the play from the surface, could you be forgiven for assuming that there may be a larger holder ( possibly in financial pickle- eg margin call) slowly selling off? Not sure how many shares are left to sell off, but no one in their right mind would be selling down at this price !??! market cap around 7 million and $millions of tenders out there.. only 500k needs to be earn't to get this a PE of 15, which is more than I can say for a lot of the mining spec stocks out there.
So what exactly is the problem with this stock?!?! MetroNet rail is in administration and that was supposed to be HTI's bread and butter ?!?! This maintenance still needs to be done/ just wont be MetroNet paying the bill... adds a delay. But there are so many other PHASE 2 tenders as per the ann.
Anyone know anything that I don't ?!?!
HTI Price at posting:
0.0¢ Sentiment: None Disclosure: Held
