HRO 0.00% 6.8¢ hiro brands limited

Ann: Extension of SPP Closing Date, page-15

  1. 186 Posts.
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    This extension is exactly my thoughts early this week on why the sell off into .008

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    If the company goal right now is to raise $1m with retail and are struggling to do so where the sophs were apparently oversubscribed by 3x, it looks like they are desperate to get this full $1m filled. The Ann released was timely to get retail to buy up the SPP, and failed. Just looking at the last week or so where .008 was not touched until today with a big sell off, definitely not retail selling at a loss. My thoughts only. Management will be motivated to avoid egg on their face with the retail CR.
 
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