The LDA terms were not fully understood by management when they entered into this LDA facility in that the pricing was to be after the call not before as was outlined in the 24 Dec 2021 annoucement terms. I disagree HIO could not have raised $10-15m via a CR as allot of positive developments have occured since the August raising in 2021. Also the SP was from April to July ranging 40-60c.
I also believe we will not be using the LDA facility again that is for sure. Its a crap deal.
Having another 25m shares hitting the market on top of the current 25m we are seeing is not good at all. It again would be better to have a CR which mainly stay in solid hands unlike LDA which just flog them at lower prices.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.33M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $870 | 43.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2258483 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 166400 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 2258483 | 0.020 |
7 | 1565312 | 0.019 |
3 | 250053 | 0.018 |
6 | 3733057 | 0.017 |
3 | 416800 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 166400 | 3 |
0.022 | 668666 | 4 |
0.023 | 278352 | 4 |
0.024 | 439830 | 2 |
0.025 | 253941 | 6 |
Last trade - 10.04am 10/09/2024 (20 minute delay) ? |
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HIO (ASX) Chart |