In my opinion i think there is still value in Hastie Groups assets but major investors at this moment are not willing to buy as they probably smell blood and will purchase the assets at next to nothing if administrators come in. Hoping this can be avoided because if it wasnt for the debt issue and with changes to management this company is viable and would have a good future in my opinion . The company needs to resolve this debt issue with urgency as the longer this drags on the more it will hurt the brands image and make it more difficult to win contracts. I wish they were more tranparent about the situation and explained why their director of finance sold a large amount of shares! Getting closer to click the sell button and claim my capital loss for the year. Once again Hastie Group thumbs down on disclosure.
HST Price at posting:
24.0¢ Sentiment: Sell Disclosure: Held
