MHK 0.00% 6.2¢ metal hawk limited.

if a capital raise is announced it's not necessarily a bad...

  1. 119 Posts.
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    if a capital raise is announced it's not necessarily a bad thing, it depends on the discount offered on cap raise. Ideally there is no vap raise at this point since they had already earmarked expenditure for the quarter and forshadowed having funds for the next 6 quarters or so. If cap raise is delayed, it is perceived that others will miss out on an ROI, but with a tighter register you can expect the share price to rise much higher, allowing an ROI for people newly onboarded. For example, I think VUL recently did a cap raise at about $13.50, the price was last trading around the $15 mark. If we have something worth value in the ground the share price will conti ue to move upwards as the resource size increases. If the DHEM is postive, the price will likely stabalise at our recent highs pending the assay results. It might go even higher on anticipation of those results. There is no guarantee, the whole thing could go pear shaped, but for now there appears to be a positive outlook ahead. DYOR.
 
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