I'm not a holder ..yet ..but my feeling reading the ANNs (before coming on HC) was that they saw an opportunity to expand their efforts in finding more contracts. It seems misleading to do a CR after they said that have enough capital but CR is not bad for holders imo if they pursue growth opportunities in the short and long term.... Also if market is about to crash in the foreseeable future ...you better have more cash to continue growing ... Many companies did exactly that s8nce March, raising capital even without needing it in the short term. There's a lot of uncertainty in the market atm and CRs reflect this state IMO. Apart from this misleading comment they made in the quarter, are there any other "lies" they might have made in the past?
Ann: Placement and Share Purchase Plan, page-80
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$2.34 |
Change
0.160(7.34%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
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| DRO (ASX) Chart |