HCH 2.56% 80.0¢ hot chili limited

Ann: CAD$30M Funding Arranged for Canadian Dual-Listing, page-20

  1. 878 Posts.
    lightbulb Created with Sketch. 862
    Quite disgusting.
    17% discount to VWAP-15 plus free warrants.
    Doing a quick Black-Scholes, these should be worth around 30c, which means the raise was done almost at a 25% discount.
    Yikes, even shells dont raise at such a discount.

    Glad I only have a token holding left.
 
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80.0¢
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78.0¢ 80.5¢ 78.0¢ $190.2K 241.9K

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81.0¢ 6185 1
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