Although HWE is definitely on the ropes Big time, those holding stock (like me) should take heart. HWE has several things still going for it (unlike ION and others): Significant positive cash inflow, NTA that greatly exceeds debt (i agree that nta and actual usually differ greatly) and most importantly support from it's customer base (in spite of administration one of their smaller contracts has been renewed). The turn around will not be quick but in the end I expect the company to be smaller but viable. In the circle I mix in (who have reasonable information) they suspect the VA was a little premature and just the directors covering there asses just in case.
HWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held
