Exactly.. Only 13 Million in cash, there is a massive!!! capital raise incoming and the dilution will be insane. HAW will have to raise 800 million - 1 Billion in cash to fund this project by largely retail investors, which I can't really see happening. Not having the backing like LCY of an NMDC holding 94% of the company who have already stated they will fund there 94% leaving only 6% to the rest of the holders. Gina and NMDC know that and I'd say HAW will be either diluted to death or be force to sell or possibly merge with LCY for peanuts. Having only 2 companies in the joint venture makes a lot more sense being 51%/49%.
- Forums
- ASX - By Stock
- HAW
- Ann: LCY: Mt Bevan Magnetite JV Revised Mineral Resource Estimate
Ann: LCY: Mt Bevan Magnetite JV Revised Mineral Resource Estimate, page-13
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HAW (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.2¢ |
Change
0.004(6.90%) |
Mkt cap ! $20.77M |
Open | High | Low | Value | Volume |
6.2¢ | 6.2¢ | 6.2¢ | $6.915K | 111.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18474 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 9001 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18474 | 0.059 |
1 | 50000 | 0.058 |
1 | 17348 | 0.057 |
1 | 4345 | 0.056 |
1 | 10000 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 9001 | 1 |
0.074 | 8389 | 1 |
0.075 | 7500 | 1 |
0.080 | 128774 | 2 |
0.100 | 35000 | 1 |
Last trade - 15.18pm 27/09/2024 (20 minute delay) ? |
Featured News
HAW (ASX) Chart |