The shares were 18c a year ago, rallied, and are now back to 18c. That is within a couple of cents of the all time low, which I think was in 2016 or early 2017.
In terms of how the company has been travelling, numbers have been on a clearly improving trend for the last year. What’s more, it’s no longer about cost cutting going forward, but growth initiatives.
The disconnect between a totally depressed share price and improving fundamentals is quite stark.
The AGM will hopefully make this even clearer.
HIL Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held