Do people understand what this controlled placement is. It's called death spiral finance the company issued shares at a discount and the finance provider, sells them on market for a profit. They get a heap of free shares for setting it up, which they sell too. And ever so often the company calls another placement. Normally this type of finance destroys a share price, but lucky for shareholders the company is in a sweet spot with virus in china
What a total shame, because if Hct had a conventional capraise, the share price rise would be significant, I see the price rise being capped now.
To do two placements in a week, it's obvious the company needs the money to stay afloat in the future. May as well raise as much as possible while the shares are hot. Smart move
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- Ann: Controlled Placement Agreement Share Issue
Ann: Controlled Placement Agreement Share Issue, page-49
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2.5¢ |
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Mkt cap ! $6.970M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 286747 | 2.2¢ |
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Price($) | Vol. | No. |
---|---|---|
2.5¢ | 752781 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 286747 | 0.022 |
1 | 24000 | 0.021 |
1 | 50000 | 0.020 |
1 | 2500 | 0.018 |
1 | 9829 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 752781 | 1 |
0.028 | 99999 | 1 |
0.029 | 128000 | 3 |
0.030 | 112000 | 2 |
0.035 | 5 | 1 |
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