In a recent interview Scott Basham said to supply US military they would most probably need to buy an existing supplier. They apparently have looked around but the companies wanted too much. Given that, it's unlikely HCL could look to buy anything, and I doubt shareholders would accept a capital raise. Only exit for shareholders is a takeover. Can't see much of a premium? Is there any upside or future light at the end of the tunnel?
So where too now?
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $16.42M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $10.55K | 68.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 95487 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 14391 | 1 |
View Market Depth
| Last trade - 15.23pm 24/05/2024 (20 minute delay) ? |
| HCL (ASX) Chart |