Maybe i'm a bit cynical but I can't help notice they announced a Lithium find on Friday (probably the hottest commodity on the planet at the moment), despite their operations report from the previous month making no mention of lithium prospectivity in the Pilbara, and announce a capital raising on the Monday. HDN would surely have known they needed cash to complete the AGO deal and only had $1m in the bank as at 30 June a long time ago.
Congratulations holders if HDN have genuinely found an economic lithium resource, but it seems like too much of a coincidence to me.
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Last
$1.27 |
Change
-0.010(0.78%) |
Mkt cap ! $2.670B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.27 | $803.4K | 632.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 76462 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 131601 | 14 |
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| Last trade - 10.40am 07/08/2025 (20 minute delay) ? |
| HDN (ASX) Chart |