You're wrong... HAS will owe Wyloo ~$70M accumulated compounding interest on that debt by Aug'25, so HAS needs to stump up ~$220M not $150M, less the NEO shares.
There are two things HAS did I consider highly misleading and possibly worthy of a shareholder class action. First was the Feb DFS Update, the second was selling the Wyloo "loan" as an "Investment" on the release and every release afterwards in a deliberate attempt to mislead the market it was an investment by Wyloo not the high interest-bearing loan and HAS liability they knew it really was...
HASR, page-4
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $45.85M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $63.54K | 233.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 48014 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10344 | 1 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
-0.005 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 27.5¢ | 26.0¢ | 90285 | ||
| Last updated 15.09pm 17/06/2024 ? | |||||
| HAS (ASX) Chart |
