This latest announcement of putting on a new distribution agreement continues the ongoing product conflict and introducing second class products in their portfolio. Hills management have truly lost their way and many of these decisions can not be made by professional product managers that understand the market. Their competitors must be frothing at the mouth. I have dumped all my Hills shares and luckily I did when they were at a reasonable price. They will drop further before they start to recover, if they do at all.
HIL Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held