HCH 4.94% 85.0¢ hot chili limited

Ann: Hot Chili Corporate Presentation Rule Symposium 2024, page-41

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  1. 864 Posts.
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    Please take a screenshot of the email and post it here as I'd love to see how the rejected offer was quietly promoted* given the woeful CR that followed shortly thereafter and what that's done to our SP since.

    *At 120m SOI at the time I calculate that an offer of $100m for 30% of metal + 50% water valued HCH at ~AU$333m or ~AU$2.80 per share for the metal plus whatever value the water is, so lets say a total of between AU$3.00 - 3.50 per share. Meanwhile HCH now lags at 150m SOI with sub $1.00 SP, not such a brilliant strategy by management to not reject that offer formally by market announcement to generate some interest in the value of the company!
    Last edited by GeoSciFi: 10/07/24
 
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