HIO 0.00% 2.9¢ hawsons iron ltd

Ann: Hawsons Capital Placement, page-8

  1. 894 Posts.
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    Please consider upvoting the announcement if you think it is a good capital raise.

    A few things I like:

    1. No Regal or LDA involved.
    2. The directors are putting in $250,000 of their own money. They are unable to trade when they want like we can. Therefore, I see this as a strong long term vote of confidence.
    3. Shareholders of all levels able to contribute the same as sophisticated investors.
    4. Option are a really good bonus - effectively doubles your upside over five cents.
    5. Enough money raised to see through the negotiations with strategic investors and get some BFS funding.
 
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