Whilst there were discussions about re-rate when we were @ 0.30, AHK as a whole has hit some bumps along the way of getting their MMP which may shake some retailers off.
Not to mention, there were sparks of negativity in this release that may instill fear on weak hands with the rise in cost due to these MMP delays.
The tight register can be detrimental during share doldrums, as evidenced here. Nothing has changed too much and I am still anticipating a re-rate on confirmation of MMP, and then two months thereafter.
I may have to dissect the announcement a little more to see if there are hidden sentiments that may change my fundamental out look, but it just seems like the flush of fear and delays coupled with tight register.
If you still consider everything remains the same, then this is good opportunity to average down or for prospective investor, an entry point.
Personally, though I'm already fairly loaded into AHK, if prices stay this tomorrow, I will have to back the damn truck and load up more
AHK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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