Desperate times call for desperate measures... into the arms of...

Desperate times call for desperate measures... into the arms of China. To be fair, they're the only ones probably willing to make investments for only strategic reasons but no return on investment. Trouble is, the more HAS move to a China JV and China sales model to get funded, the less likley they receive any Oz or US or EU guvvie help. Doing what they have to do to stay alive, who can blame them?

On another note, completely unremarkable how this strategic investment that would have been say at least 1 month in the making coincided with the previously inexplicable rise in share price from one month ago @ 21c, rising to basically just under the agreed share placement price ... the ASX efficient market hypothesis in action again...