Looks like the air came out of the balloon once again today!!
Sold off back to 22 cents. This will be 10c before it ever gets to $1 again!!!
A few things about this announcement. (all spin it appears)
1. Who advertises that they are in a "multi trillion $$ industry when their current market cap is worth $11m and their share price is also smashed down from their highs of $138 in Jan 2002 to 2.9 cents in 2017.
How reassuring that Hills are connecting with the right companies.
2. And the company they are using to distribute it has a market cap of $55m and falling.
3. Sure CIO put out the announcement but why get Hills "Head of Communications" (head of spin department) to tell us about the camera - that is CIO's role as they are the "expert" manufacturer.
4. Head of Communications (Hills) should be advising us how many markets they are going to break into as they are the ones distributing the product in Australia and what their potential revenues are.
5. Why does the Head of Communications speak in both past tense and future tense in the one sentence?
That signals she is full of CR@%P and doesn't have any idea what she is talking about
6. "Enterprise Level" - what level is "enterprise level?", this could mean anything? more gobbledegook!!
7. Why with all the restructuring at Hills would they have a "Head of Communications" - that is a nothing title. They need "doers" not "Heads" doing nothing!!
8. Why on earth is this market sensitive??
9. Provide some market statistics.
Appears the market has viewed this announcement as spin also, down to 22 today.
This looks like it will revisit the all time lows of April 2016.
Cheers
HIL Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
