It is correct the company owes a large amount to the CEO, more with recent additional loans. There are angles to read into this, IMO - CEO is confident about the business; additional loans to help boosting inventory due to higher sales; the company has no bank loans which means that it is in fact safer plus no bank interest payment (as a shareholder, I rather the company borrows from the CEO than from a bank); the recently oversubscribed CR indicated that institutions have entered with capital injection. As quoted by “happy chappy” – it is debt free now. Referring your reading of 4C, you have read incorrectly. In my previous post, I reminded that 4C does not show margins or profit ; it is purely a cash flow statement for the last quarter. The company has become more and more profitable from all the releases we saw – thus “Turnaround Story” by “$tockfella”. With stronger funding, HT8 will excel. My 2c worth.
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Last
1.0¢ |
Change
-0.002(16.7%) |
Mkt cap ! $2.991M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $723 | 66.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 890000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 395156 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 890000 | 0.010 |
1 | 170000 | 0.009 |
1 | 435000 | 0.008 |
3 | 710000 | 0.007 |
2 | 340000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 395156 | 3 |
0.013 | 76875 | 1 |
0.016 | 620000 | 2 |
0.017 | 743801 | 2 |
0.018 | 1210413 | 3 |
Last trade - 12.13pm 05/07/2024 (20 minute delay) ? |
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HT8 (ASX) Chart |