OK Fund Raising to make payment of compromised debt to the ATO. with Lehmans and now Ato write offs they still could not produce a cumulative profit not to mention the gains from asset sales over the last three years. OK let's leave all this behind, what business are they doing and to whom?? 25M in revenue in this space does not even register on any stats, so where is their commitment to growth and where is their predictions for the coming year?? With the colapse of SNR (common Directors) does this mean the Board will have another excuse why they did not perform?? With the colapse of SNR will HYO get the consideration for the business that it sold to them?? how does Adaptive investment fit into the Digital solution Stack ?? where is their investment and participation in social Media if they are truly a digital player?? To many unanswered questions to be a truly Public Company, my guess is that Board and management operating to ensure that their newly found personal liabilities are in check. just wait for the audit accounts and see how much the Board and its Directors and Senior managers have been paid, maybe then we will really find out why they are still commited to HYO. at least this one answer we will be able to deduce from the information that will have to be provided
HYO Price at posting:
50.0¢ Sentiment: Sell Disclosure: Not Held