HCH 2.99% 81.0¢ hot chili limited

Ann: Hot Chili Launches New Water Company Huasco Water, page-31

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  1. 769 Posts.
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    G'Day BK,
    Whilst there is nothing 'new' in this Ann for current holders, as on HC are aware of the daily stuff with HCH, believe it or not, some of my people I know hold HCH but have no idea of it's currrent plans. Another story.
    This Ann I feel is generally very good for the broader ASX and for other new investors to look into. People may know that HCH is a copper, but NOT know of anything about HCH's potential water business.
    e.g. So if a new investor is looking to buy into water rights, (there is a listed company on the ASX, I worked at it, briefly), then they can now see another option. Also this Ann shows that things are happening behind the scenes, and expected by years end. So this might be a good investment for them? who knows?
    So no I don't think that this is a wasted Ann. Lastly, it's an Announcement from CE, this is good, i.e. not silence.
    All the best, I am happy with the Ann.
 
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