HMC 0.47% $8.60 hmc capital limited

Hobby; the answer perhaps lies in what happened to this Co all...

  1. jwt
    3,777 Posts.
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    Hobby; the answer perhaps lies in what happened to this Co all those years ago; $1.35 or more a share and paying quite a good dividend. And then a decision to expand; a new venture; and they blew it all out the window. I was a SH back then and don't remember all the details; but one has to wonder if due diligence was done. Is the Co paying the right people before they engage in new ventures? The lastest raising could be a good example. Did they do any research on whether the raising would be supported? It wasn't, and that must have cost a few dollars. Mmm jwt
 
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