Paywall. But the message is clear..
'Suppliers to the steel tycoon Sanjeev Gupta’s rapidly growing empire have warned they are struggling to get credit insurance and are owed substantial sums.
Five companies that supply goods and services to parts of the Gupta Family Group (GFG) Alliance’s British operations told The Sunday Times they were struggling to secure payment from the steel, commodities and energy conglomerate.
One said it had outstanding balances totalling several million pounds. A small supplier to GFG’s steel plant in Newport, south Wales, said it was pursuing legal action.'
HAV needs to be careful in not replicating its controversial CMC / North Portia instalment plan in the event it transacts with Mr Gupta. Money up-front! This is not Afterpay!
ICYMI deal hungry Min Res is to receive $1.58 billion cash on completion of the sale of a 1/2 share in its Wodgina lithium asset. Per HAV's FY2018 AR, SIMEC Mining's exclusivity expires at the end of 2018. HAV should take the initiative and contact Min Res (in Jan 2019) if a deal with Mr Gupta does not pan out by the end of 2018.
DYOR
- Forums
- ASX - By Stock
- Mr Gupta's Fe needs can be met by HAV
[MEDIA] Paywall. But the message is clear.. 'Suppliers to the...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HAV (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.57M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.0¢ | $5.913K | 33.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 46052 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.180 |
1 | 100000 | 0.170 |
2 | 40250 | 0.160 |
2 | 150000 | 0.140 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 25000 | 1 |
0.200 | 8000 | 2 |
0.250 | 2610 | 1 |
0.260 | 4100 | 1 |
0.000 | 0 | 0 |
Last trade - 14.33pm 30/08/2024 (20 minute delay) ? |
Featured News
HAV (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online