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1.69%

29.0¢ hastings technology metals ltd

Ann: Renounceable Rights Issue to Support Yangibana Development, page-33

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5,382 Posts.

108

17/04/24

11:29

Post #: 73384308
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Originally posted by simonj888: ↑

My brother in Christ, why the aggressive comments demanding answers?

Although, you're not wrong and I accidentally stated HAS not on the hook when I meant Yangibana as that asset is held in a different entity so that it's protected.

in any event, game it out. Twigg-dog calls it in and the first thing is Neo shares being liquidated. That won't cover the whole amount but it sure will cover a large portion. The shortfall is guaranteed on a fully subordinated basis. Seeking to enforce the guarantee will result is a 0 cents in the dollar return in a liquidation scenario which makes no sense for either party.

I would suggest that your best bet would be to sell up at what I'm assuming is going to be a loss and move on. Not everyone has the nerve to ride out sector wide difficulties that stem predominantly from a poor macroeconomic environment and that's ok. You'll be a happier person if you just stick to ETFs, switch off your computer, and go outside and enjoy the fresh air.

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In other news Gina Rhinehart has bought a 5% stake in Lynas. The second company she has invested in. Might see some more money get thrown around in the sector.

HAS Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 29.0¢		Change -0.005(1.69%)		Mkt cap ! $52.43M

Open	High	Low	Value	Volume
30.0¢	30.0¢	28.5¢	$47.25K	162.4K

Buyers (Bids)

No.	Vol.	Price($)
3	59898	29.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.5¢	21000	2

View Market Depth

No.	Vol.	Price($)
3	59898	0.290
8	129386	0.285
7	264469	0.280
5	103000	0.275
8	111142	0.270

Price($)	Vol.	No.
0.295	21000	2
0.300	60572	9
0.310	800	1
0.315	48720	1
0.320	5000	1

Last trade - 16.10pm 21/10/2024 (20 minute delay)

HAS (ASX) Chart

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