For those concerned about dilution, you may wish to think about it this way.
There are approximately 900 million shares on issue. There will be approximately 100 million shares issued as part of the capital raise, therefore, approx 10% (I know that's not right, just keeping it simple).
Therefore, if you hold 100,000 shares, you could buy another 10% or 10,000 shares at a cost of $330 and the percentage you hold in the company will not get change or get diluted. You will also pick up a bonus option that will double your upside above five cents on your new shares above five cents. Not sure if there will be a minimum amount that you need to invest as part of the shareholder offer and therefore those with smaller holdings might need to consider if they wish to increase their investment.
HIO Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
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