HCT 0.00% 0.7¢ holista colltech limited

Do people understand what this controlled placement is. It's...

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    Do people understand what this controlled placement is. It's called death spiral finance the company issued shares at a discount and the finance provider, sells them on market for a profit. They get a heap of free shares for setting it up, which they sell too. And ever so often the company calls another placement. Normally this type of finance destroys a share price, but lucky for shareholders the company is in a sweet spot with virus in china

    What a total shame, because if Hct had a conventional capraise, the share price rise would be significant, I see the price rise being capped now.

    To do two placements in a week, it's obvious the company needs the money to stay afloat in the future. May as well raise as much as possible while the shares are hot. Smart move
    Last edited by Capraise: 19/02/20
 
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