FACT; HIO will need to raise equity/cash shortly. Market appears to being prepped to do so . If GCB steps aside they can maybe get the share price towards 4.3/4.6 before raising at 3.5 . So my best case scenario is they raise $6 mill at 3.5 cents, worst case 3.0 cents .... This is all the market will be thinking about until the vehicle is properly capitalised . Once raising is done and new stock bedded down we can start getting more positive on the asset
HIO could go into trading halt any day now right. Investor preso and capital raise, that's what I am positioning for
HIO Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held
