The bottom simply cannot be $1.00. There’s the dilution to factor in, the likelihood the share price was manipulated upwards for this raise so there’s an adjustment there too… and the loss of trust.
…. and the odd ‘dump’
Ann: HCH to undertake a Capital Raising by Private Placement, page-45
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Last
98.0¢ |
Change
0.010(1.03%) |
Mkt cap ! $149.0M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.00 | 98.0¢ | $34.39K | 34.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9729 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 849 | 2 |
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| Last trade - 11.45am 08/07/2024 (20 minute delay) ? |
| HCH (ASX) Chart |