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2.0¢ hawsons iron ltd

Price and Chart HIO, page-4690

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johntie

3,471 Posts.

589

09/08/22

19:19

Post #: 63017893
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Originally posted by Tran: ↑

They have been selling down. No doubt about it. By 22nd of August i believe they will have about 5mil shares left from the first tranch of 25mil shares. But the term of the drawdown allows them to have a right to purchase up to 200% of the 25mil shares put forwards to them. That means they can request the company to issue another tranch of further 25mil shares. LDA is a shark. They know they won't have another chance of future drawdown with HIO. I believe Bryan is sick of the deal and is well aware that shareholders do not like this stupid deal and will not touch the facility ever again. So, I believe LDA will grab the cheap shares while they can.

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oh I wasn't aware they could get another 25 mill shares, does that mean we get further funding ? or are we paying 50mill shares for 10mill dollars?

HIO Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $20.33M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$7.353K	350.1K

Buyers (Bids)

No.	Vol.	Price($)
8	706524	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	770041	2

View Market Depth

No.	Vol.	Price($)
8	706524	0.020
9	1904683	0.019
3	3222276	0.018
3	138881	0.017
5	219061	0.016

Price($)	Vol.	No.
0.021	770041	2
0.022	38703	2
0.023	75000	1
0.024	521428	5
0.026	10000	1

Last trade - 10.09am 19/11/2024 (20 minute delay)

HIO (ASX) Chart