with winter coming on in europe and the states and lock downs now being talked about we may yet see some pretty tough sled coming and NZ defensive share seem to be in demand. 132 back 140, that was tradeable in our on market portfolio...what a stock ... boring as mr B says but hardly boring now.. True HLG is a performer and a darling of the moment but it always seems to sell of on it margin stats or currency or on anything that resembles herd panic. It wont happen to this stock.