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1.5¢ holista colltech limited

It's not necessarily money to stay afloat. Rather it is a quick...

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EnderGame

429 Posts.

71

19/02/20

13:30

Post #: 43021126
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Originally posted by Capraise: ↑

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

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It's not necessarily money to stay afloat. Rather it is a quick way to get debt finance so that you can have working capital to fulfill your orders. Remember that orders are coming hard and fast.

Demand is outstripping supply, so what do you do ? Get stock whichever way you can with whatever cash you possible.

HCT Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $4.286M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.5¢	$732	46.51K

Buyers (Bids)

No.	Vol.	Price($)
2	432174	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	400000	1

View Market Depth

No.	Vol.	Price($)
2	432174	0.015
1	100000	0.010
1	3000000	0.009
1	45000	0.005
0	0	0.000

Price($)	Vol.	No.
0.019	400000	1
0.021	25000	1
0.028	49999	1
0.029	78000	2
0.030	22000	2

Last trade - 14.54pm 11/11/2024 (20 minute delay)

HCT (ASX) Chart

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