The only comfort at present is that there has been no guidance change to the half year small loss.
If they get down to 17-18, it's a pure play on whether they survive. If they do, they'll probably get to 50-60c over time as they get to grips with the acquired businesses.
They also need to cut all reference to the past in future annual reports and AGM's. Even the venue where they held the AGM is more fitting for Woolworths than a struggling small cap.
HIL Price at posting:
21.5¢ Sentiment: Buy Disclosure: Not Held