Rose Tinted Glass Houses30 Sep 2021 07:55
Let’s not throw stones and break any windows!
Serious financial site…..har, har, that’s a good one.
Lest we forget Philip Flask bought 100k of these recently and owns 1.4% of the company both of which are good signs. Lack of any substantial good news and tepid results is keeping the SP lower IMO than it deserves. Probably still some overhang of creditor shares but there does seem to be a floor around 350 pence. It’s only been 6 months of the integration of both companies and less than 3 months till news of Tolmount, a dividend and further news of strategy.
HBR SP has seen a poor performance considering the price of commodities but hedges are part of the business model.
As long as you can be patient I believe the share price can only improve substantially from here.
GLA