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HWE 49.5¢

I got burnt.

  1. extralite

    1,263 Posts.

    Doh! Too compacent!

    Took a 5 day holiday, sold some shares but kept on to my safe one's.

    In that bag was HWE. DoH! Thanks HWE for coming out with an announcement that you will just break even this year right when i was probably fishing. Thanks for leaving me ignorant while your $1.06 share drops to 70 cents immdediately foloowing this ?

    Anyway, should I sell ? I went back over the books for HWE. At the beginning of the year the Net tangible asset backing per ordinary security was 140 c. They are pretty much breaking even this year so that wont have changed a great deal. Shares trading at 70 cents.

    What does that say?

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