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
27.8¢ |
Change
-0.008(2.63%) |
Mkt cap ! $49.38M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.5¢ | $99.85K | 355.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 164471 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 1478 | 2 |
View Market Depth
| Last trade - 13.29pm 16/05/2024 (20 minute delay) ? |
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Last
28.0¢ |
Change
-0.008 ( 2.41 %) |
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| Open | High | Low | Volume | ||
| 28.3¢ | 28.5¢ | 27.5¢ | 84972 | ||
| Last updated 13.36pm 16/05/2024 ? | |||||
| HAS (ASX) Chart |