NGI 0.75% $2.01 navigator global investments limited

anyone know why stock down 40%, page-6

  1. 352 Posts.
    lightbulb Created with Sketch. 38
    That appears to be a minor issue.

    I simply cannot understand the run on the company at the moment. I can only imagine this would be about the level of debt. The FUM appears to have held up relatively well.

    The market is saying HFA is a goner. At the moment I just cant see it.

    But some serious volume changed hands this afternoon. I 'hope' its a margin call as you say afnut. But that doesnt explain the run pretty much from $1 where it was looking solid.

    I am also surprised there was no speeding ticket today! Maybe potential news that directors cleaned up today might put a floor under this thing. Hopefully large parcels of shares too.
 
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