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1.22%

81.0¢ hot chili limited

Ann: Half-Yearly Report and Accounts 31 December 2023, page-16

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tomardo

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12/03/24

12:47

Post #: 72851789
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Originally posted by 1OldGreyFart: ↑

He'd have to go against his promise of no more SH dilution. If I was him I'd be aggressively resisting that pressure and exploring my other options of which he has quite a few. Our previous experiences with institutional investors has been horrible for everyone. If CE has learnt anything over the last decade and a half it's to not be distracted by empty institutional promises. If the board are confident in the resource and eventually going ahead with continuing development and mining then further asset dilution is the way to go. In other words a more traditional type CR at this stage of the game would be a massive step backwards for the company.All that previous hard work NAB has done would be in vain. And I'd think that NAB would be very pissed if CE went down this path. It would also show a betrayal of NAB'S ability and I would expect a resignation from her if that happened.

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You have not been holding long enough if you think CE wont back track on anything he has said.

HCH Price at posting: 98.0¢ Sentiment: Hold Disclosure: Held
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Last 81.0¢		Change -0.010(1.22%)		Mkt cap ! $122.6M

Open	High	Low	Value	Volume
82.0¢	82.0¢	79.0¢	$53.06K	65.86K

Buyers (Bids)

No.	Vol.	Price($)
1	1250	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
81.0¢	2232	1

View Market Depth

No.	Vol.	Price($)
1	1250	0.800
1	1619	0.790
3	30500	0.785
5	20650	0.780
1	12700	0.775

Price($)	Vol.	No.
0.810	2232	1
0.815	3452	1
0.820	707	2
0.840	10000	1
0.845	3000	1

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