HCT 0.00% 0.6¢ holista colltech limited

It's difficult to expect much from the company when the court...

  1. 585 Posts.
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    It's difficult to expect much from the company when the court judgement was an absolute massacre against them. It implicated the Doc and the entire board, most of which still remain. They blamed poor growth over the last few years on the resources allocated to the court proceedings. They were smashed so hard that it showed they were completely delusional about ever standing a chance, yet they chose to fight it rather than settle at the earliest opportunity. They chose to do that. Thay are to Balme for the poor growth, not ASIC. Besides, it's not like there was much growth before the ASIC allegations either. They're just lazy and do not work hard enough to make things happen. They just expect good fortune to come their way. And the reason we are in suspension right now is because they never even had a plan for how they were going to pay the fine and the costs. They had two years to put together a contingency plan, they did nothing but cross their fingers and hope for the best. A lot like their current marketing strategy.
 
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