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17.5¢ highcom limited

Ann: Trading Halt, page-8

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Gibbaz

4,324 Posts.

703

30/09/21

18:16

Post #: 56477112
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Originally posted by romans: ↑

Did you read the Annual Report? The challenging being Defense is they need to be a bit sensitive around any issues but overall at least they have replaced the CEO with a better and cheaper CEO and better other management and Directors. No doubt we've taken a big bath on our position in this one while funds and Highcom cut and ran. I didn't expect they had misallocated capital to the extent they would need to do another raise at this level and was prepared to be patient but now will need to decide whether to increase our position or take a substantial loss. The next SUAS RFI would be big for the company but I expect they will have some serious competition from the big global defense players who have been investing a lot of capital in R&D.

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The annual report was released just as I was typing my previous post.

I'm taking a gander at it now.

XTE Price at posting: 36.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 17.5¢		Change -0.015(7.89%)		Mkt cap ! $17.96M

Open	High	Low	Value	Volume
19.0¢	19.0¢	17.5¢	$36.56K	199.6K

Buyers (Bids)

No.	Vol.	Price($)
1	3118	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	186948	1

View Market Depth

No.	Vol.	Price($)
1	3118	0.175
2	19470	0.170
3	25000	0.165
1	10000	0.160
1	1065	0.155

Price($)	Vol.	No.
0.190	186948	1
0.195	6666	1
0.200	79068	2
0.210	29128	2
0.220	81571	2

Last trade - 16.10pm 15/10/2024 (20 minute delay)

HCL (ASX) Chart

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