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Ann: Change of Leadership & Company Secretary, page-16

  1. lightbulbnz
    1,010 Posts.
    lightbulb Created with Sketch. 171
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    11/04/24
    13:07
    Post #: 73295756
    raising say $2m will increase shares on issue by more than 50%

    $4m would be a better amount - but would more than double shares on issue

    either way, massive dilution - if of course they can find a source of funding.
    HMD Price at posting: 1.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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