Come on the chicken little attitude here is astounding. There are many options open to gain some working capital as you all know I am sure. Share holder raising is the fairest and first interest/fee free option and if they had pulled the timing back to June or even October I dare say the result would be totally different. The timing I will say does not help me have faith in the management or whoever pushed for a December/January raise.
Not surprised at the result at all.
How ever a full review, a quick pull your pants up and do it the hard way by gaining sales and confidence and maybe some fat trimming should be your next step. Ive got a feeling there's some personal/agents not meeting expectations that time has run out for.
If HTG are waiting or putting their cards down on Moelis then that's a mistake inline with the last 6 months of management decisions.
I take this time as and end to the poor decisions in a very troubled ASX decline combo over a ridiculous Xmas break raise and expect a turn starting now. Lets get on with it and thank god its over.
Disclosure Im long terming and buy/hold
HTG Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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