Given the fairly small capital structures, mc is likely to be quite volatile for both. E.g the same thing that made TYM trade down to 16c on fairly small volume is the same thing that saw it trade up to high 30s. Yet the business didn't change markedly in one month. One decent buyer here and it's back to 60-70c zone (most likely the same thing that saw it tank into the 30s).
Ann: Further engagement with HSBC, page-5
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