After 2 years, I may get a gulp of air too soon but don't think I'll be around to retrace 80 cents.
I still have no idea what moves this beast.
It goes up and down on no news, has lousy liquidity, doesn't pay dividends, continually acquires businesses and investors and just goes about doing it's own thing.
Management, on one of it's rare forays into society has already announced it has no idea what drives its price either so at least I am not alone.
On headline numbers the share price should be going gang busters:
Record sales revenue up 8.4% to $112.7m ? Outperforming industry average growth of 6.5% Record EBITDA up 42.5% to $9m ? Growing faster than revenues in a year of substantial investment Record NPAT up 47.1% to $4.4m Record EPS up 15.9% to 8.0 cents per share Growth in net assets by $13.14 million ? $2.7mill debt reduction
But the guys at 39.5 doesn't seem to agree.
Very strange
HZL Price at posting:
44.5¢ Sentiment: Hold Disclosure: Held