The thing that surprise me was the very dour, downbeat commentary, the results were shite but we told you they will be shite and there going be shite for the year. I guess they are super senstive to putting anything positive out there given the market wouldn't believe them after the failures of their previous forecasting attempts. The industry obviously remains very tough but the new printing plants will make a sizeable difference especially with a 2 year payback.
Anyway, as I like catching falling knives I have doubled down today giving me an average entry price of 14.5c. At a price to book of 28% and mkt cap of $60m, Hannan could easily take this private.
Ann: Half Yearly Report and Accounts, page-10
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.669M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $2.562K | 648.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 24568932 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13481514 | 3 |
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