sure you could save a little bit by buying on the market but you’re going to really screw yourself over.
HVY is doing the raise because they will need cash to finish delivering an operational mine. It’s inevitable.
They have gone with an SPP because they want to reward the shareholders for their loyalty.
If you don’t buy in to the SPP then HVY will need to raise the money in another way (probably by an institutional placement) which would be at a larger discount and to which you’d have no right to participate.
You would actually be worse off if you bought on market instead of buying via SPP
- Forums
- ASX - By Stock
- HVY
- Ann: Extension of Share Purchase Plan
Ann: Extension of Share Purchase Plan, page-4
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HVY (ASX) to my watchlist
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.951M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.0¢ | $5.675K | 46.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67032 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 17888 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67032 | 0.115 |
3 | 113563 | 0.110 |
1 | 12500 | 0.105 |
8 | 161100 | 0.100 |
1 | 35000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 17888 | 2 |
0.125 | 44999 | 2 |
0.130 | 20000 | 1 |
0.135 | 131063 | 2 |
0.140 | 605872 | 4 |
Last trade - 14.12pm 26/08/2024 (20 minute delay) ? |
Featured News
HVY (ASX) Chart |