HDF 0.00% $2.85 apa sub group

bello-- HDF has had a good record since, BUT from 2.50 just last...

  1. 478 Posts.
    bello-- HDF has had a good record since, BUT from 2.50 just last October 2008 down to about .38 cents closing yesterday is a HUGE erosion of market capitalization. Can you give us a reason why? The weak ASX can be a contributory factor but IMHO this is MORE than just a weak ASX. The share price of HDF is telling us something that we can't see right now. The 12 cents dividend for this year has been disclosed recently but yet the share price still went down. As you said it now is yielding 30%+ on dividend, then why on earth is the share price only at .385?. This is highly suspect cause even if directors and insiders sell their shares the investing public, the pension funds, mutual funds, etc will just gobble up these shares as if there is no tomorrow. A 30% dividend yield for a year is a "big-catch" nowadays. Then why? Remember...."THERE IS MORE THAN MEETS THE EYE"
 
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