SIO 0.00% 18.0¢ simonds group limited

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  1. 490 Posts.
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    I agree with you Pete, if HLM had of wanted to cut losses they would have done one of two things, offered it up to a major holder (e.g. Macdonald) or had a fire sale on the open market.

    They are currently one of the best funds in the market and I don't see them taking a sizeable stake in a company that they don't see large returns in, notably they usually take hold when a take over is comming that is vastly undervalued
 
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