That’s a lot of dilution (over 30%) for simply fast tracking operations, most long holders would have preferred to do small raise before cash flow started coming in organically, second tranche might not get up if long term holders vote no. This Board doesn’t seem to be aligned with shareholders.
Ann: Successful A$30M Two Tranche Placement to Fast Track Growth, page-3
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $133.1M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.2¢ | $820.4K | 15.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 322156 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 141651 | 4 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| HRZ (ASX) Chart |