I wouldn't get ahead of ourselves, they are just rolling this out in the UK and I would expect the rest of Europe soon...
Ultimately though, I take a 1-3 year view on this stock and if the test is successful in the UK, then for me I can only see this as a postive investment for my portfolio.
At 18 cents, it offers excellent leverage so the growth could be very lucrative for investors getting in now as well as for potential dividends in a few years time. If it were successful in the USA and China, I could retire on the dividends acumulating at todays price and I think you need to make decisions today that might pay in a few years time.
I might buy some more today - not sure.... I wish I'd bought more last week after seeing Friday's action, but I bought my initial tranche Thursday and then thought I would be prudent and watch the market over the next couple days and if the SP demonstrates it is stable at higher prices, hopefully get more below 20 cents before it re-rates higher and put a average in stop on it... The longer the price holds +15 cents the better things look for it to move up in to the 20 cent price range and beyond.
If the SP goes down to anything like 14.5 cents I will just take the risk and buy I think to increase my leverage as the downside to 10 cent risk is acceptable given the near to mid term potential of sales announcements and further expansion in to the EU.
Well I guess we see..
HTX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held