Your right Kiril, "Of all its peers, this is the least likely come back story." Who hasn't made money on HFA?
Also, Pviews was right in saying, "Only risk I see is that they start burning cash"
They were 2 reasons I began accumulating between 4-6.5c last year. Possible upside with low risk.
I am definitely not optimistic about this stock, like everyone else. There is definitely limited opportunity for growth in the short term, however, I don't think management will be sitting on their hands in the long term.
Furthermore, I know that if there is any good news I know I won't be able to jump in soon enough to take advantage of it. Take for example the recent rise.
Basically a case of different investing styles. I am sure they both work, otherwise we wouldn't use them.
EFG Price at posting:
79.0¢ Sentiment: LT Buy Disclosure: Held