HIO 4.76% 2.2¢ hawsons iron ltd

Ann: Bankable Feasibility Study Activity Slowed, page-461

  1. 7,317 Posts.
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    They will buy in how, on market? If so that doesnt help the company at all as the company doesnt get the funds.

    How are they buying in , in your scenario? Think it out, doesnt make any sense at all.

    If they wanted to raise, they could of raise prior to this announcement, even raise at a 20% discount, without announcing to market they are pausing BFS, and then they would have raised at a lot higher price without the dilution.

    Sorry but your scenario just doesnt make any sense in the real world.
 
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