HST 0.00% 16.0¢ hastie group limited

ann out, page-62

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    No. of shares may triple once the capital raising that has been widely discussed is bedded down. The issue is the price, and when. They need to reduce debt by half or more. IMO, the price may not be less than 25 once projections for the next half and the next are released in detail. It's been reported in the media in late March that HST were hoping for 60c or more but the suitors were endeavouring to negotiate a price under 30c.
 
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