Ultra, my personal guess is these shares will go lower as more info regarding project performance, profit and loss comes to hand. I too have been holding off waiting for a time to buy in but I dont think that time is now. Any projects which may have been under-tendered will be nearing the end with no income left to claim with costs to complete still needing to be met. I dont believe we are at the bottom yet. I am hopefull that Bill Wild can turn this company around but it will take more than one man and he needs the support of the board which, despite the addition of the Lazard representative, is basically the same board that steered the company previously. He also needs good people below him and as there has been little change in actual management I wouldnt hold out much hope there. Hastie is made up of a lot of contracting businesses and contracting is a precarious game, one best not played by accountants.
- Forums
- ASX - By Stock
- HST
- Ann: Market Update (amended version)
Ann: Market Update (amended version) , page-5
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HST (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online