There is no doubt this is a positive move for HIL the first in years, subject to tomorrow's release it has certainly saved them short term pain. However these investors are going to want ROI and if it doesn't come they won't be pleased. This could finish being a bloodbath or a privatisation of HIL. They have the funds and the expertise to drag HIL kicking and screaming into profitability should they persist long term. Let the games begin. A new era in the HIL saga, not necessarily involving the Hill-Ling family directly. In the end they may be happy to see it go.
HIL Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
