HXG 5.26% 1.8¢ hexagon energy materials limited

Comnpany announces capital raise is coming, page-5

  1. 1,378 Posts.
    lightbulb Created with Sketch. 1184
    OK, so we all know they are going to raise capital very shortly. They have said so to the ASX.

    The multi million dollar question is "Will they raise to non-shareholders at a large discount, or are they going to raise to shareholders at a discount?" Either way the common word I think we can all agree on is DISCOUNT.

    In the past three months they have managed to get the share price at a 50% discount already. Somehow I think the market doesn't like the deals they are doing. But hey, there could be a massive pump like there was before the last CR. What are people's thoughts? Would you contribute more if directors weren't putting in substantial funds themselves?

    https://hotcopper.com.au/data/attachments/4112/4112025-d939671ffcd23b522c21af85df766988.jpg
 
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