New investor12 Jun 2025 12:55
As a new investor, I find the current situation at HUI particularly compelling, especially when considering its capital structure and the actions of the management team.
• The CEO’s decision to personally facilitate a £3 million loan to the company — with 50 million shares pledged as collateral — is virtually unheard of on AIM. It’s a bold move that signals strong conviction and commitment.
• The potential MENA contracts, combined with the recent placing involving an “investor,” also raise interesting questions. Given that HUI already has access to a £3 million loan facility, and considering the CEO owns 42% of the company (and would therefore need to approve any placing), it begs the question: why proceed with a placing now, especially when previous attempts were never completed? Could this suggest increased confidence or imminent progress in MENA? A TR1 might offer some insight soon.
• Ohrid Organics is another intriguing piece of the puzzle. Does anyone know the expected timeline for completion? Have funds already been allocated or paid toward the acquisition?