HMD 7.14% 3.0¢ heramed limited

Ann: Non-Renounceable Issue, page-8

  1. 399 Posts.
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    They have missed a big opportunity to raise an appropriate amount of capital. $10M in a rights issue would have set the company up for success. It gives everyone the same opportunity to maintain their % holding. A no brainer but alas another failure by the board.
    The amount they are raising is ridiculous.
 
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