Australia's largest stock trading and investment forum Australia's #1 stock forum

HAS

Click for more information

7.94%

29.0¢ hastings technology metals ltd

In other news Gina Rhinehart has bought a 5% stake in Lynas. The...

First 33 Last

Share
Profile

Follow
$$$$$$$$$$

5,369 Posts.

105

17/04/24

11:29

Post #: 73384308
Share

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.

Expand

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
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 21 more messages in this thread...

First 33 Last

Add HAS (ASX) to my watchlist

(20min delay)
Last 29.0¢		Change -0.025(7.94%)		Mkt cap ! $51.14M

Open	High	Low	Value	Volume
32.0¢	32.0¢	28.5¢	$562.9K	1.882M

Buyers (Bids)

No.	Vol.	Price($)
7	100823	28.5¢

Sellers (Offers)

Price($)	Vol.	No.
30.0¢	65333	2

View Market Depth

No.	Vol.	Price($)
7	100823	0.285
8	145925	0.280
1	180000	0.275
4	29814	0.270
2	6189	0.265

Price($)	Vol.	No.
0.300	65333	2
0.305	36911	3
0.310	50546	2
0.320	483	1
0.325	7000	1

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 29.0¢			Change -0.025 ( 7.94 %)
Open	High		Low	Volume
31.5¢	31.5¢		28.5¢	346658
Last updated 15.59pm 08/05/2024 ?

HAS (ASX) Chart

SPONSORED BY