HT8

10.0%

0.9¢ harris technology group limited

As a holder here I hope you are wrong too. Could be falling on...

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Japan Specialist

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27/01/16

20:35

Post #: 16880020
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Originally posted by qwerty0987 ↑

Well well well, another all time low at 0.7c.

Two possible scenarios from here:

1. SHP is running out of cash ($1m left in bank 3 months ago), has already fired staff and switched off their 1300 numbers, and just about to go out of business. Administrators standing by.

2. Someone has been the predator wanting to take out SHP at close to fire sale price, and has been aggressive dumping as shown in the trading pattern in past 12 months. Possibly did a deal with Paul Warren with a short sale agreement (paid PW 1.5c a piece to borrow his earn outs). SHP not having positive cashflow and can't do CR at half of what the directors paid). Working to run SHP to the ground and then offer 1c to clean them out. Look at the wording of yesterday's announcement and this could be what's happening. Patos already cashed out long time ago and Goulopoulos' last straw to beg for a 2c research from his employer.

Either of the two scenarios, the Board has to be responsible for this mess.

The next 4c will determine its fate. For sake of all holders I hope I'm wrong on both counts.

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As a holder here I hope you are wrong too. Could be falling on the lack of any detail coming from the company. Holders hate silence when markets are looking a little fragile. One upside is it can't go much lower.

HT8 Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change -0.001(10.0%)		Mkt cap ! $2.991M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$18	2K

Buyers (Bids)

No.	Vol.	Price($)
2	129110	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	86166	2

View Market Depth

No.	Vol.	Price($)
1	43542	0.011
2	285040	0.010
4	391000	0.009
2	525000	0.008
2	230000	0.007

Price($)	Vol.	No.
0.012	1722119	3
0.013	1772868	6
0.014	60000	1
0.015	735762	4
0.017	780001	1

Last trade - 10.04am 25/11/2024 (20 minute delay)

HT8 (ASX) Chart

As a holder here I hope you are wrong too. Could be falling on...

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As a holder here I hope you are wrong too. Could be falling on...

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