Just in case anyone did not read the financial media's reporting of the costs blow out and viability of HAS' projects:
https://www.copyright link/companies/mining/hastings-shares-slide-after-warning-on-rare-earths-project-cost-jump-20230531-p5dcwh
Long term holders have every right to feel aggrieved, but there is arguably value here and the Board have skin in the game which I always like (I am on too many companies that Boards excessively award themselves and employees too many diluting awards ahead of profitability - a common US tech trend that takes its toll on the share price).
Expect it to bounce in the next day or two's trading myself.
Ann: Corporate Presentation - Staged Development Strategy, page-20
Add HAS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.80M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $193.5K | 862.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89887 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 4393 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
|
|||||
|
Last
22.0¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.0¢ | 130465 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| HAS (ASX) Chart |