"If you're worried about dilution - participate in the cap raise."
What a stupid thing to say. This might be possible if you hold 1/10th of f* all.
The dilution occuring here is MANY magnitudes larger than what would be reasonable to undo through participating in the cap raise. If your average is 30c plus or heaven forbid $1.00, it would require Huge amounts of buying now to minimize dilution. You could be getting diluted at share prices of 10-30X smaller than your average.
Ann: Hawsons Capital Placement, page-16
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $22.36M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $2.029K | 89.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 336755 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 159875 | 1 |
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| Last trade - 15.28pm 07/10/2024 (20 minute delay) ? |
| HIO (ASX) Chart |