The 2H results improvement give fund managers a platform to build a position here with some added confidence. Revenue is stable, costs have been taken out of the business, debt is bein reduced, significant operating cash flow.
The business is undervalued and they have growth drivers in place (e-commerce platform) that can generate revenue growth for the business.
When choosing an entry point into a stock, have to consider both upside and downside risks, I can't see this being worth anything less than the current market cap.
HIL Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held