Ann: Hawsons secures A$ 200m equity funding package, page-218

All hio has got is a Death spiral finance deal. Yuk. Quickest way to decimate the share price. Usually death spiral finance results in share prices minimum halving. There is nothing stopping LDA from selling the shares. So when hio tap LDA for some capital, it gets a 10% discount. Shares are at say 20 cents. That means they get issued at 18 cents. LDA will sell the majority of the shares when the price is above 18 cents making a profit. Before the next instalment is called, LDA can sell the remaining shares below the 18 cents, to get a better buy in price, say 16 cent buy in. Then the next lot of shares are 14 cents roughly, sell those shares above 14 cents, make profit. If in the mean time the company issues a good announcement, shares will be naturally sold into the rise, making the rise less than normal. Its a horrible deal for existing shareholders, great for the finance company.

the shares didn't drop for no reason yesturday