if Hunter Hall is averaging down(I suspect they are) to get themselves out of trouble and their average cost was 44 c (previous post) and they are still buying, it suggests they believe that any offer will come in under 44 c. At least it suggests that administration in their opinion is highly unlikeily. The other view is that they are really value investors and see such good value in cdr they can't resist continually dipping their paw in the honey pot. Greed?? OH NO!!!
Maybe they are propping up the sp around 40 c hoping for takeover offer the usual 20% over the recent sp. ie. 48 c giving them a small profit over their average of 44c. and a 'get out jail free' exit and a sigh of relief.
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
