Will be interesting to see if it was HAP buying back its stock, shoring up the price for 30 June.
Also, will be interesting to see what happens over the next few weeks. My guess is that we will see this drift lower. This is assuming that the buy-back will be on hold until they release their 30 June results. I can't see the same enthusiasm from buyers given that they have now invested cash in new hedge funds.
I wonder what deal has been done to appease Carrousel, and why we haven't been told about the deal (if there is one).
HAP Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
