HIO 6.90% 2.7¢ hawsons iron ltd

I still cant get my head around how this finance deal works, how...

  1. 703 Posts.
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    I still cant get my head around how this finance deal works, how are we going to get $10million? we issued 25 million shares to LDA, as an example if they are now selling them for under 40c and the vwap in the days after the deal is say 33c and they only have to pay 90% does that mean we only get $7 425 000 ?
    Last edited by KevS69: 05/08/22
 
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