All this company needs is some cash, then everyone will breathe a big sigh of relief and the investor dollar will flow back in.
I remember a similar kind of thing happenned to virgin blue a couple of years ago, where the share price was basically pricing in corporate failure due to debt concerns. They did a capital raising and SP actually went north!
I'm not making dire comparisons, but HST is a great business and with the SP circa 25 cents, you can't help but think this could turn into an absolute bargain if and when the debt issue is resolved...
Anyway, I bought in yesterday but fair to say I will be going underweight.
All this company needs is some cash, then everyone will breathe...
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