Hey Tpags,
Try to get your facts right before shooting from the hip. While you're at it, don't accuse me of pumping anything.
I post here because I have a significant investment in the company. Significant for me, circa 1M shares, insignificant compared to others who post here. I first started buying when the company was SM8. I am not a 708. I generally only post analysis of information, or links to information I find by researching the global satellite communication markets, and how that relates, or might possibly relate to Harvest and what they are trying to achieve. I am one of the few people on this thread who do.
It takes time to do this, and I could just as easily not. I believe it benefits us all to know as much as we can about the company we are invested in, so am happy to share.
I have also voiced my concerns on recent developments and the way they have been handled by the management. In a word, poorly. That is now water under the bridge. Hopefully they have learned from their mistakes and will do things better in the future. That is a lesson we must all learn. In particular I hope they will be more forthcoming and timely with shareholder communications.
I have also said that I think there is more to the current price action and volatility than might be apparent to us retailers. I think there is a big prize on offer. That is reflected in the way things are unfolding. I have no proof of this, just my own thoughts based on what I observe.
Harvest have technology development and S & M agreements with some of the biggest and best satellite/remote worker communication companies in the world. Their technology is embedded in these company's platforms and ecosystems. This hasn't happened by accident. Harvest have ambitious plans to own a significant and valuable portion of a market that is growing exponentially and will continue to do so for the foreseeable future.
Their products and software solutions address specific needs and solve specific problems in the private commercial sector as well as Government and Defence. They are only at the beginning of their journey as a company. All things being equal, I think they have a very big future. I am invested accordingly.
Lastly, I am not happy about the current SP, or the way the CR has been handled. But again, I think it has been done this way for a reason. I would imagine we will find out in due course what that reason is.
Moelis Australia are part of the NYSE listed Moelis & Company. Since inception Moelis have advised on more than $3.5 trillion of transactions, with deal sizes ranging from $100 million to $160 billion. They have significant expertise and reach that can only be of benefit to Harvest as they execute on their strategic plan.
The fact that they have taken an interest in Harvest and now have a mandate to help carry them forward speaks for itself.
I am confident that we will look back on all this and see it for what it is.
Other people may think differently.
In the meantime there isn't anything i can do about it except, with the support of some very good friends and family, maintain the courage of my convictions while looking forward to Christmas and the New Year.
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harvest technology group ltd
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Ann: Release from Escrow, page-51
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $16.12M |
Open | High | Low | Value | Volume |
1.5¢ | 1.8¢ | 1.5¢ | $14.33K | 855.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93088 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 324321 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93088 | 0.017 |
7 | 594348 | 0.015 |
3 | 935351 | 0.014 |
1 | 1000000 | 0.013 |
2 | 1340890 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 324321 | 3 |
0.019 | 34500 | 2 |
0.020 | 300000 | 1 |
0.021 | 29115 | 1 |
0.022 | 593407 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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HTG (ASX) Chart |