The more apt analogy for HGO would be that your son already had an HSV, and sold just over half of it for $10k to pay his rego, fill up the tank and maybe get some new tyres. What a great deal!
I agree that small holders sell their shares with a view to picking new shares up in thge SPP (it is the first thing i did when the spp was announced - i wish i had sold more) - but do you think instos are any different? Any discounted placement will see the share price tank as traders lock in the arb.
The funding should have been acheived with a renouncable rights offer to existing shareholders and the sale of peripheral assets.
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Last
5.3¢ |
Change
0.001(1.92%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.2¢ | $309.6K | 5.828M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 488983 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 451558 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 488983 | 0.053 |
4 | 624230 | 0.052 |
5 | 868470 | 0.051 |
7 | 378526 | 0.050 |
2 | 64914 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 451558 | 3 |
0.055 | 260000 | 1 |
0.056 | 130000 | 1 |
0.057 | 517817 | 2 |
0.058 | 66701 | 4 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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HGO (ASX) Chart |