Sorry for my part BH!, I appreciate your analysis.
I think the part that didn't sit well for me was the 1-2 cents EPS claim. I can see now how you got there, but I'm not sure it's the full story when it comes to working out what a fair price for the shares are today.
I missed the covenant testing sentence in the announcement yesterday, so can easily imagine others did too. I think we should all drop the suggestions of anyone ramping.
1) HC doesn't move the market
2) As we've all proven, it's easy to make mistakes, and unlikely to be deliberate.
Z
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