HST hastie group limited
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roatary non-recourse, page-5

  1. octain
    945 Posts.
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    26/04/12
    10:57
    Post #: 10033985
    further to this rotary being non-recourse to the loans. If the lenders did pull their loans. The recovery amount of Hastie would be the value of rotary which the good will alone is valued at 65Mil according to the half yearly results.

    With the current market cap valuing the company at 22Mil you'd have to say even if hastie lenders pull their loans it is likely we will recover to current SP and more.

    HST Price at posting: 16.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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