Post on iii from AE1 Jul 2010 12:59
Denton is shrewd... If you call and speak to Angus then Denton still supports the company 100%.
His holding used to be just short of 29% but was reduced through the issue of more shares (Dilution).
The CVA is merely a formality... Again speak to Angus as creditors were approached.
Its risky, but heck if they pull it off then it could really provide excellent returns..
And from the noises emanating and new contracts won and orders swelling, it is ticking all the boxes as a recovery share.
The market though loves nothing more than to mark stocks down over enthusiastically.. We see it every day, 10% drops because someone sold a tenners worth of shares etc...
The stock has no buyers, and that is the problem...
It is unlikely to attract serious "Investors", because its not the kind of company serious investors go for..
It will attract speculators and gamblers though...
If someone had sold another stock and maybe had a bit of profit they wanted to "punt" then IMO this would make a good home..
If takeover news should come that will attract the speculators...
If the gamblers come, then that will also have the same effect...
I suspect IHP is not on anyone's radar at all... But how to let people know??
Post on other boards and be accused of ramping?
Not to sure... In the meantime keep your posts up...
Nice to know I am not alone here... :-)
Best of luck.
AE