Not looking good agreed @Cabbie 6.2c level has breached support now on multi day level after holding several times.
Actually brings 4.2c into play from just over a year ago (June 2019) and think this lines up with Fib levels from recent support close enough..
Whilst it is a provision for impairment it is not acceptable for a public listed company regardless if paid back.... I have been researching iGalen and networking marketing the association with Morrell Maison and Health Therapies Global and the misguided sales forecasts and feel this is going to cause the company more pain with the ASX. IMO this has a significant problem of going into long term suspension until everything is uncovered if ASX isn't satisfied with inevitably more Please Explains... What will this do to SP?
More so I have an issue for current market cap on this amount with suspension looming, revenue at $1.3M and wages at $750K for the quarter with this result; 1.9 Net cash from / (used in) operating activities (1,859).
Currently at over 16mil market cap posting 1.859m loss and 1.3m revenue.
Makes sense that 4.2c target comes into play as still 12 market cap...
If there is any further crap news I am out.
HCT chart, page-535
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HCT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.673M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84379 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 462891 | 4 |
View Market Depth
| Last trade - 16.12pm 26/06/2024 (20 minute delay) ? |
| HCT (ASX) Chart |
Day chart unavailable