Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Lots to prove....and whilst the PR machine kicks in, helped along by some blue eyed punters. The bottom line is that they will have to raise at some point, so dilution is a given.
IMO options are not to testing 100m at 0.06, yes please. The new guys have already 3 bagged, haha
FWIW, I dont do charts. In all my years experience I find that people read into charts what suites .Trends can be interpreted in so many ways. I tend to be more contrarian in approach, so often to go against what charts say.......
Regardless, at these levels HBR is a screaming buy based on fundaments, dont need a chart to work this out :-)
Think the rise this morning has more to do with the Gov meeting with the bank execs, on why banks are so undervalued. A worry for the government with low valuations this could impact their ability to loan to businesses etc. So lets see what Mr Hunt and the execs come up with