HAS 1.69% 29.0¢ hastings technology metals ltd

Ann: Renounceable Rights Issue to Support Yangibana Development, page-31

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 35 Posts.
    lightbulb Created with Sketch. 27
    My brother in Christ, why the aggressive comments demanding answers?

    Although, you're not wrong and I accidentally stated HAS not on the hook when I meant Yangibana as that asset is held in a different entity so that it's protected.

    in any event, game it out. Twigg-dog calls it in and the first thing is Neo shares being liquidated. That won't cover the whole amount but it sure will cover a large portion. The shortfall is guaranteed on a fully subordinated basis. Seeking to enforce the guarantee will result is a 0 cents in the dollar return in a liquidation scenario which makes no sense for either party.

    I would suggest that your best bet would be to sell up at what I'm assuming is going to be a loss and move on. Not everyone has the nerve to ride out sector wide difficulties that stem predominantly from a poor macroeconomic environment and that's ok. You'll be a happier person if you just stick to ETFs, switch off your computer, and go outside and enjoy the fresh air.

 
watchlist Created with Sketch. Add HAS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.