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.
Just in case anyone did not read the financial media's reporting...
Add HAS (ASX) to my watchlist
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $37.92M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.5¢ | $52.97K | 240.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 95913 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 69614 | 2 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
-0.005 ( 2.58 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 23.0¢ | 21.5¢ | 319049 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| HAS (ASX) Chart |