HCD 0.00% 0.3¢ hydrocarbon dynamics limited

Ann: Board Supported Rights Issue, page-14

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  1. 565 Posts.
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    "The purpose(s) for which the entity intends to use the cash raised by the proposed issue
    HCD plans to use the funds raised from the Rights Issue to allow the Company to accelerate its sales and marketing
    efforts for it's key product, HCD MultiFlow
    and to support its upstream activities as well as general working capital
    purposes."

    Here's hoping the funds get well used - get the product out there.

    I sold a chunk today to put into another promising short term share opportunity, however i will be taking up my full allocation which will take me back to my original position. i still feel this company has legs, it just HAS to get things moving
 
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