First up - I'm about 55% down if I sell and really peed off, just so we get my thoughts into perspective. I guess the rest of this post sums it up for all who are still 'in' and, those with cahunas of steel who are buying.
The only reason I havent sold is because of some kind of hope I had my fundamentals right when I decided to get 'into' HCT - along with not wanting to actually realise that loss if, hopefully, I don't have to.
IMO ... providing HCT isn't a bunch of Disallowed salesmen and the business isn't a con the fundamentals still stack up.
So ... my thoughts right now.
1. I'm guessing that we might have hit bottom - could be wrong about that. I thought that last week too and got that wrong.
2. I'm guessing 'management' are either a clever bunch of con artists or a bunch of muppets. Again I'll give them the benefit of the doubt and opt for the latter. The former is too much for my stressed-out mind to want to deal with because if I get this wrong, we're all doomed.
3. To back up my reasoning about no.2 - the fact that HCT now seems to have realised how lacking it's 'management' to date is and appointed Automic Group to look after it's affairs. I see this as a positive and, if Automic Group is as good as it seems, it could actually rectify the issues the muppets have got in into.
Maybe the reasons stated are actually true for this debacle. I hope so. I would imagine Automic Group will not be not risking it's reputation with a train-wreck cause by crooks. I could be very wrong about that too.
4. Having read the latest release it kind of gives some perspective as to where HCT found itself - though, despite it's denials, I believe it was lacking in it's information to SH.
I'm sure the response that was prepared for it will keep the ASX at bay. Nice to see a report with correct spelling and grammar. I'd say, with it's appointment Automic Group along with it's reputation is now also in the firing line should it prove to be false.
5. On balance, I see the release as somewhat positive over a longer term - and I wouldn't be surprised to see a fairly quick recovery in the SP - and, yep!, I could be wrong about that too.
End of the day - we are where we are, no good whingeing about it.
It's time for all SH to decide to stay or go - and for those who choose to stay, good luck.
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Last
1.5¢ |
Change
-0.004(21.1%) |
Mkt cap ! $4.286M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.5¢ | $4.562K | 270.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 443276 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 443276 | 0.015 |
1 | 3000000 | 0.009 |
1 | 45000 | 0.005 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 40000 | 1 |
0.021 | 25000 | 1 |
0.028 | 49999 | 1 |
0.029 | 78000 | 2 |
0.030 | 22000 | 2 |
Last trade - 15.53pm 07/11/2024 (20 minute delay) ? |
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HCT (ASX) Chart |