HCT 20.0% 0.6¢ holista colltech limited

Ann: Notice of Annual General Meeting/Proxy Form, page-6

  1. 585 Posts.
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    Low volume and low liquidity because ASIC have not resolved the prosecution. Under that dark cloud nobody want's to take a risk, even if the company was doing well there is a serious unresolved uncertainty that should have been dealt with a long time ago. It will stay like this as long the court case remains unresolved. Ironically, any fine - if that's the extent of the punishment - might be less at this level of company performance. They are generally proportionate to the size and capital of the business. Even without the infection control division it should be sitting at around 5c - 7c. It's sitting at 1.2c because the ASIC prosecution poses an existential question for the company.
 
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