The Neo investment is the drag.........down to $8 yesterday ...........HAS raised debt/capital to buy at $14-15 as I recall............the price has gone downhill ever since , taking HAS along with it.
The simple lesson ......stick to your knitting until the knitting is making money and then buy international operations LOW on production/profit basics . Confidence in the HAS management to deal internationally has taken a backhand and another reason for share price doldrums.
Until HAS is making money hands over fist , the price will be slow to recover. No-one likes to buy a dog on a promise.The NEO investment regardless of potential synergy is a dog at the moment.
Ann: HAS Reduces Yangibana Delivery Risk - Awards EPC Contract, page-26
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Last
28.0¢ |
Change
-0.005(1.75%) |
Mkt cap ! $49.38M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.5¢ | $151.1K | 538.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 120471 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 17363 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
Change
-0.005 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| 28.3¢ | 28.5¢ | 27.5¢ | 116324 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| HAS (ASX) Chart |