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.
The Neo investment is the drag.........down to $8 yesterday...
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $46.95M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.5¢ | 34.0¢ | $175.7K | 502.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1285 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 54440 | 3 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
35.0¢ |
Change
0.015 ( 2.94 %) |
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| Open | High | Low | Volume | ||
| 34.5¢ | 35.5¢ | 34.0¢ | 132454 | ||
| Last updated 15.58pm 29/04/2024 ? | |||||
| HAS (ASX) Chart |