70s soon to be 60s

17th Oct 2012 saw Hil fall from $1.16 to 75c, next day an intraday low of 64.5c.

Similar fall on the 23rd Feb2015 at 1.34 with a fall the next day to 84c.
New yearly lows of 78.5 today

There is no technical support area for Hil at the moment, so this may find its way back to the 2012 lows of around the 64c mark, sooner rather than later.

2012 presented a good buying opportunity after the carnage following an announcement from Ted Pretty about forecasted falls in profit for the next quarter.

2012 presented a great opportunity to offer a plan to market about, restructuring and then growth.

2015 may not be as easy to grow the share price as the restructure has already occurred and the market is now demanding the promised growth.

Spruiking wont fool the market any more from this point, it is results the market wants and that will move the price, this will be a much harder task than the spruiking part.

Are Hills or Ted up to it?


Cheers