HIO 3.57% 2.7¢ hawsons iron ltd

Ann: Hawsons Capital Placement, page-16

  1. 1,582 Posts.
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    "If you're worried about dilution - participate in the cap raise."

    What a stupid thing to say. This might be possible if you hold 1/10th of f* all.

    The dilution occuring here is MANY magnitudes larger than what would be reasonable to undo through participating in the cap raise. If your average is 30c plus or heaven forbid $1.00, it would require Huge amounts of buying now to minimize dilution. You could be getting diluted at share prices of 10-30X smaller than your average.

 
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