EROP Capital has HAON in a death grip...if they had the druthers. I just think it would be poor business practice to do so.
It appears rather that EROP Capital sees promise and wants a BIG piece of the action. HAON on the other hand does not want to share a big piece of the pie with EROP Capital.
Behind the screen actions are for lawyers to work out. Other than seeing increased A/S, O/S and float, investors are at a loss to determine if what we do actually see is good for building equity.
We can only hope that EROP Capital is reasonable and sees a way to obtain their due with out bankrupting HAON.
I think that is the case. But I also think that developments as I see them now does NOT provide ample value to ensure the HAON pps moves up.
It may remain flat regardless of PRs for a significant period of time.