Looking at the HC share price graph, it has not been the Trojan...

Looking at the HC share price graph, it has not been the Trojan share overhang that has kept th price low- it is in fact the possibility of a takeover that has kept price momentum- when annnounced, that was when the SP spiked. Now that the reverse auction didn't happen as it was meant to, and CVC took some shares, and Troy took some others, it's hard to know what will happen. Perhaps there could be a management buyout, or perhaps CVC is just keeping the shares as a strategic investment.

This is still an interesting situation, but CVC getting on-board kind of sucked the life out of the speculation. If the SP falls a little more, it could be a good entry point, but it may end up just being a buy and hold, which is not what the market expected.