3.5 million crossed today, page-6

If HFA didn't have so much debt, and Westpac controlling any further debt, then this would be a great acquisition for HFA....integrate the revenue and disintegrate the costs.

The way I look at it Kiril is that 10 cents is wind up value, thus happy to sit tight for a while...yes I will miss upside but can't see downside below 10 cents, and have plenty of risk in my portfolio so don't need any more. At last week's price (<7), this represents a return of ~40%.

Only risk I see is that they start burning cash (ie losses), but don't expect that to be the case, at least not this year.