HT8 16.7% 1.0¢ harris technology group limited

It is correct the company owes a large amount to the CEO, more...

  1. 78 Posts.
    lightbulb Created with Sketch. 70
    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.
 
watchlist Created with Sketch. Add HT8 (ASX) to my watchlist
(20min delay)
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
Last trade - 12.13pm 05/07/2024 (20 minute delay) ?
HT8 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.