HTA 0.00% 3.0¢ hutchison telecommunications (australia) limited

Hey guys,Why are people so negative about hta? The share price...

  1. 275 Posts.
    Hey guys,

    Why are people so negative about hta? The share price just continues to drop even though the profit/loss continues to improve each year.

    I am wondering if it is because of the dilution of share price if the right issues (capital structure change last year) are to convert to ordinary shares when they are muture, even so the share price should still have support from continuous improving financial result.

    The majority share holding company (Hutchison Whampoa) should be quite cashed up, it should be able to continue to support hta if necessary even in the current world ecomonic crisis.

    The mobile data (internet) is proven to be the future of how people connect to internet, sure, the population is not going to increase dramatically, but with young people growing up, the digital age is becoming the life style of most of the population, hence the data usage.

    Just can't understand why hta continues to get hammered. Any thought?
 
watchlist Created with Sketch. Add HTA (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $407.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 1267 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 25765 2
View Market Depth
Last trade - 16.12pm 25/07/2024 (20 minute delay) ?
HTA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.