viva by all means i still think HFA is a strong company, with performance fees to flow through 2h2010 and further debt reduction..and in due course will resume dividend.
But thus far, not much interest from the market as the company as made no announcement as to performance inflows and expansion to asia market...etc...
the only interest seems to be delaware...slowly creeping up holdings.
pure guess for a initial take over price would be about 30 cents. That is at a premium of their current book value at 21.5 cents.
but then again others of interest such as merryl lynch and ubs might jump in later. Depending on the book value at the time, it could well end up 60c plus....but then again pure guess work at this stage.
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viva by all means i still think HFA is a strong company, with...
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