TSXV:HIRE.H - Post by User
Post by
Aarman4on Nov 07, 2022 3:17pm
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Post# 35079893
Initiated a small position today
Initiated a small position today0.025 is where I'm happy. I've been paying attention to HIRE for a couple years and found the shares to be previously overpriced, but not any more. Their decision to divest from Taylor Ryan did it for me. I see the likelihood of one more divestment if possible, if not, then I do see the potential for a dilutive placement by insiders(doubtful a stock placement will raise money otherwise at today's prices), or possibly a loan or not... But one more divestment and we are clear from any threatening commitments. Based on the action with Taylor Ryan, they will find a way to continue as a business. This is the right time to buy, HIRE is not a perfect company by any means, but it is worth much more than the current market cap of less than $3mil.... No idea if we will hit the twenty cent mark in the next year, but I would not be surprised if we break that level or more in the next couple years as market sentiment shifts, and HIRE continues to grow.