HIO 3.70% 2.6¢ hawsons iron ltd

Ann: Hawsons secures A$ 200m equity funding package, page-231

  1. 934 Posts.
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    Tran, there are no safeguards in place to stop LDA from selling shares. A simple escrow period would be enough, but I don't see one. As soon as there is profit there LDA will sell the shares. They are there to make money, not friends. Do yourself a favour and google death spiral finance, it will explain nice and clear to you. Dilution is going to kill you now. Going to be, minimum 200% more shares on issue, to a company thats going to sell on market over 4 years. Thats really going to increase the share price. More likely suppress it.

    lambs to the slaughter.


 
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