HT8 10.0% 0.9¢ harris technology group limited

Ann: Publication of Research Report by Patersons, page-16

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  1. 198 Posts.
    This thing looks like it's about to go out of business. Cash about to run out and probably stuck with a bunch of dead stock after xmas.

    Plenty of bad press on Product Review, Facebook, Whirlpool ... you name it. 1800 number rings out after a couple of mins on hold. Even the grandpa who runs the local milk bar does better customer service.

    Can't raise any funds at this pathetic share price. No debt facility to tap into.

    TPW valued at 1x revenue, SHP at close to nothing.

    The director turn out to be dumber that I thought, unless there is some absurb reason why they would be happy to burn their own personal money to zero. Bizarre that they know about all these problems but did nothing to fix them.

    I'm selling out to get my $500 there is left in this thing, before the administrators get called in. Just look at what happened to Dick Smith.
 
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