HMD 0.00% 2.0¢ heramed limited

That's an ugly raise IMO10% interest rate, prob to be issued in...

  1. 5,440 Posts.
    lightbulb Created with Sketch. 1682
    That's an ugly raise IMO
    10% interest rate, prob to be issued in discounted shares
    Shares issued at 15% discount, perhaps 25% depending on conversion date
    6% fee for arranging = $142k
    1,000,000 free oppies to broker at 30c valid for 2 years
    More free oppies to con note holders

    Can't be bothered putting the spreadsheet together, but highly disappointing.

    I sincerely hope that they are confident in their paid pilots and how the trials are going. I would have put in 2.5% of that $2.369m raise for a 10% discount. I'm sure a quick whip round here would have raised a decent chunk of change.

    Management - if you read this - you've got to do better. 3 out of 10
 
watchlist Created with Sketch. Add HMD (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $7.065M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 65904 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 374272 3
View Market Depth
Last trade - 16.12pm 28/03/2024 (20 minute delay) ?
Last
2.0¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
2.0¢ 2.0¢ 2.0¢ 26500
Last updated 13.19pm 28/03/2024 ?
HMD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.