Please consider upvoting the announcement if you think it is a good capital raise.
A few things I like:
- No Regal or LDA involved.
- The directors are putting in $250,000 of their own money. They are unable to trade when they want like we can. Therefore, I see this as a strong long term vote of confidence.
- Shareholders of all levels able to contribute the same as sophisticated investors.
- Option are a really good bonus - effectively doubles your upside over five cents.
- Enough money raised to see through the negotiations with strategic investors and get some BFS funding.
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $17.28M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $7.128K | 419.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1340882 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 214692 | 3 |
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| Last trade - 13.19pm 02/07/2025 (20 minute delay) ? |
| HIO (ASX) Chart |