lol Vendor. Blind chooks aside, if nothing else the threat of...

lol Vendor.

Blind chooks aside, if nothing else the threat of using the buyback facility appears to have scared a few punters.

The fact they haven't bought back any shares yet can be viewed as quite puzzling. Such inaction could be construed many ways, including the Board considers the shares are fully valued at around 90c, they are eyeing a better use of their balance sheet capacity or they (perish the thought) think they should hold back to defend the sp when further lacklustre news is released.

As a holder the one great consolation is that Directors of HIL hold a truck-load of stock and have a damn sight more at stake than little ole me.