This would make much more sense. HMC will raise 25% of what they initially intended but if they get their act together they will have a chance to get the options exercised.
They also can do a spp down the track to raise more funds.
Also, by making it 1 option for every two shares held will ease the dilution problem.
By issuing the options at 0.5 cents each at a 4c strike also adds value to shareholders immediately instead of down the track.
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- make the issue price 0.5 cents. 1:2
make the issue price 0.5 cents. 1:2
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Last
$8.92 |
Change
0.080(0.90%) |
Mkt cap ! $3.371B |
Open | High | Low | Value | Volume |
$8.96 | $8.96 | $8.85 | $3.552M | 398.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1618 | $8.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.94 | 779 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1618 | 8.920 |
1 | 3053 | 8.910 |
3 | 5062 | 8.900 |
1 | 3053 | 8.890 |
2 | 12892 | 8.880 |
Price($) | Vol. | No. |
---|---|---|
8.940 | 779 | 1 |
8.960 | 3053 | 1 |
8.970 | 5062 | 3 |
8.980 | 12892 | 2 |
8.990 | 12132 | 6 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
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