They’re going to have to land a big sale or contract soon otherwise at these levels the dilution from the cap raise is going to be brutal. There’s even a tail risk that the market won’t be open for a raise.
Still watching but to me it looks like things could get worse before they get better. Still lots of potential though but these types of businesses do poorly when the market tanks ie now
Ann: HCD to Undertake Field Trial in Alberta, page-23
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.425M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65188 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 962937 | 2 |
View Market Depth
| Last trade - 16.12pm 10/07/2024 (20 minute delay) ? |
| HCD (ASX) Chart |
Day chart unavailable