Great analysis Q1. HIG says in the annual report that its debt is $131 mil, which included last year's loss of about $4 mil (going on memory). I calculated that MHP has been about $1,500 per tonne (based on figures in the 2016 annual report). Seems too low though. Those are my best additions. Please could others give their understandings. Dogon you seem to have a good feel of the pulse.
If this company hasn't got assets worth 5 to 10 times its share price, I'll start digging up Frieda myself.
Also, noticed the price drop out when JID posted that he's out of here. I must have been buying his stock for the last month. My savings are tanked. Did JID factor in the rumoured buyout?
HIG Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
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