Ann: Market Update - Revised Syndicated Facility , page-33

re: Ann: Market Update - Revised Syndicated F... if HST shares were good buying at 21.5 cents on Wednesday then at 16.5 cents on Friday and post the " we've got that revised and now more favourable syndicated loan facility " then at 16.5 cents on Friday......??
of course they are ridiculously cheap
the company is valued on market at $23m ....half the ""normalised"" EBIT in a half year (but that's with the Austral refrig business).
yes the collapsing EBIT makes it easy for your average stockbroker to say :" oh that EBIT fall oh get out now before they go out of business"..and hence the lemming like behaviour on neon display yesterday .
maybe the banks have imposed the sell off of Austral upon them ..but with it comes $50m+ and reduction of liabilities .
the company goes from faltering ..to .....safe as the needs of 500+ corporate customers for efficient facilities management services.
now is the time to average down