Two weeks into this year, 15th January, the shares of Hunting (LON:HTG) were looking very strong, having risen 52p to 352.50p the day before following its 2024 Trading Update.
Now the shares are trading at just 246.50p, perhaps reflecting the recent market turmoil around Trump’s Tarriffs.
Activist Pressure
Now, there is a swell of discontent about the group, with one $6bn AUM fund group, Oasis Management, pressing its activist investor views that the cash-rich £406m-capitalised group should either go on an acquisition splurge or embark upon a major share buy-back scheme. ...
