Benjamin Graham once advised a US congressional committee that the capitalist system will ensure market forces inevitable move to correct organisational underperformance.
He didn’t quite know why, just that market forces ultimately did this.
The HLS Board has underperformed for over 8 years. In recent months, a string of mishaps and corporate costs savings inaction pushed their luck just a little too far.
Once the takeover is completed, along with most of the Exec team, the Board team will be removed from their governance roles at this private enterprise.
They bought it upon themselves.
Jangho kicks HLS Board where it hurts
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Last
$1.47 |
Change
-0.005(0.34%) |
Mkt cap ! $1.063B | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.46 | $1.339M | 908.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 14378 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 915 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| HLS (ASX) Chart |