HHR 0.00% 0.7¢ hartshead resources nl

Ann: Funding Solution Secured for Project Development Costs, page-74

  1. 6,195 Posts.
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    Just for a bit of fun I thought I'd do the averages for HHR since the initial farmout deal in April.
    Basically, we have turned over 53% (1.3 billion) of the free float issued stock, and 250% of the placement stock at an averave of 2.875c.

    I'd be interested if anyone has any comment on this. My own view is that we are clearly getting though the supply, most of which appears to be being sold at a loss.


    hhr averages.jpg
 
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