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1.0¢ holista colltech limited

get out while you can?, page-131

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thenipisme

1,845 Posts.

182

30/08/20

12:02

Post #: 46928444
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Originally posted by HealthPro777: ↑

Why you being light there? It is up 2857% loss as reported. Not 2000%
What I have an issue with is they are in commercialisation phase and down 20%.... and there doesn't seem to be any real strategic growth happening regardless of Covid-19. Yes Covd-19 has had an impact but it is just a wash with non-compliance, bad deals, dodgy structures now coming to light by a revolving board....

$2.7M revenue with a $5M loss for HY report, that is under scrutiny for non-compliance to the Corp Act and loans that were approved by the "Board" but had directly related benefactors i.e the founder is not a $17M+ company and one which is built on cards.... IMO it is a 1.5-2c $4-5M company until they can prove up commercialisation of products and build out a true omni-channel strategy, clean up the accounts and pay back HCT from the related entities, and/or clear out current key staff who let this to happen.

So yes I do think 4c is a very near term target and I am glad as hell I sold out after multiple failures, inaccurate forecasting, retractions etc list goes on.

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4 cents is being kind

2 cents coming soon

HCT Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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