Ouch, as expected.
Hate to be the negative Nelly but it makes for interesting reading.
In the text - Inventory as at 31 October 2022 is $7.2M,
In the accounting - Inventories 9,788,196
Which is it currently?
Because the company is really close to being net negative - Assets 17.3 Mil, Liabilities 11 Mil, but that's only if you take the inventory value at face, which as we've seen over the past year from HT8, they have been clearing and selling inventory well below what they paid for it/market value, from what I've been able to ascertain from the financials.
I still think HT8 is probably fairly valued at the moment, but yeah...
Someone with more of an incentive and accounting knowledge could probably do a deep dive on these financials and establish some better facts.
- Forums
- ASX - By Stock
- Ann: AGM Investor Presentation
Ouch, as expected. Hate to be the negative Nelly but it makes...
- There are more pages in this discussion • 4 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 HT8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.393M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $461 | 57.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1157327 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 121786 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1157327 | 0.008 |
6 | 831428 | 0.007 |
2 | 740000 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 121786 | 1 |
0.010 | 183201 | 1 |
0.011 | 9600 | 1 |
0.012 | 375793 | 3 |
0.017 | 68500 | 1 |
Last trade - 14.48pm 10/05/2024 (20 minute delay) ? |
Featured News
HT8 (ASX) Chart |