HMC 0.40% $12.50 hmc capital limited

Rmp, appreciate your scepticism. I guess the difference in...

  1. 797 Posts.
    lightbulb Created with Sketch. 21

    Rmp, appreciate your scepticism.

    I guess the difference in profit numbers is a result of the $1m writedown on sales as at 30 June? - it sounds like the $1m is being recovered in Q1, but no doubt they will count it in next years record profit!

    The options issue was a stuff-up. All underwriting agreements have 'outs' - I guess the broker took advantage of a less financially savvy company.

    This funding saga is dragging on forever. At this rate they will fund it from operating earnings. Waiting until December will not help the share price - prospective investors must assume the worst.
 
watchlist Created with Sketch. Add HMC (ASX) to my watchlist
(20min delay)
Last
$12.50
Change
0.050(0.40%)
Mkt cap ! $2.909B
Open High Low Value Volume
$12.53 $12.63 $12.46 $8.644M 690.6K

Buyers (Bids)

No. Vol. Price($)
6 425 $12.49
 

Sellers (Offers)

Price($) Vol. No.
$12.50 2733 13
Last trade - 15.39pm 28/11/2024 (20 minute delay) ?
HMC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.