I got incredibly lucky getting out of this stock. Bought in at 4.63 before the div in August, picked up the 21c and sold out at 4.59 on 28/10. Have no idea why the price spiked 30c intra-day but II'l take it.
It will take some time before the new Chief Investment Officer proves to the market his capabilities. Coupled with a dividend that is forecast to fall 10-15% and I think this one will head further south before it heads north again.
I can see a massive downside risk if HHL can't stop the FUM bleeding. Not trying to downramp, just advising to be careful.
HHL Price at posting:
$3.90 Sentiment: None Disclosure: Not Held
