HST 0.00% 16.0¢ hastie group limited

slipping away, page-10

  1. 944 Posts.
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    hastie purchased spectrum only 2 years ago. I know old management had the company in disarray. But find it very hard to believe they would purchase a company who has held losses for 8years before purchasing it.

    Futher to that being it was a private company don't know how anyone would be privi to that info or how the directors kept it afloat lossing money for 8 years.

    With the desel plant as ive stated before i don't believe hastie has major contracts there. I know gordon bros had some contracts and they would have other minor ones but I'm fairly sure nothing to major there.

    Futher to this being a government contract there will be heaps of extras and they will get their money if they did lose any.
 
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