Hoops Shares reach 36% but doesn't reflect company value

However, results improved and the shares went up by 36% peaking at zł. 28.7. The company's management were not hiding their content. "This is a good price, but it is still not reflecting the company's value and its planned investments," said Hoop president Dariusz Wojdyga. Analysts were also optimistic about potential future growth for the firm, "If the company posts good quarterly results, then its shares might stay on the level of zł. 28," said BDM PKO BP analyst Radosław Solan. Two board members who were to sell 1.5 million shares each, decided to dispose only 166,000, as according to them, if the investment in Russian Megapak was successful, than the shares price might grow by even 100%. (Puls Biznesu, pp. 1, 6) M.M