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HVY

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1.92%

5.1¢ heavy minerals limited

if this deal goes through, it will boost my confidence in this...

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Cookiemycat

585 Posts.

64

04/08/23

22:43

Post #: 69172412
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Originally posted by vagabond84: ↑

No, of course you couldn't buy $2m of shares on market now without pushing up the price significantly. What I mean is you'd put in $2m via an equity raising.

What I'm saying basically, is if you found someone or a group of investors willing to put in $2m via buying a future royalty stream, why wouldn't it make more sense for these investors to ask to put in $2m via a share issue instead?

It seems like a no brainer to push for equity instead of a royalty stream. Shares have: more upside, better liquidity, better tax treatment (e.g. royalty is taxed as income whereas shares can receive CGT discounts and can claim capital losses) ... I just don't see how the royalty stream is a better investment, if you're bullish on HVY shares.

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if this deal goes through, it will boost my confidence in this project.

HVY Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.1¢		Change -0.001(1.92%)		Mkt cap ! $3.211M

Open	High	Low	Value	Volume
5.2¢	5.2¢	5.1¢	$5.743K	112.0K

Buyers (Bids)

No.	Vol.	Price($)
1	117980	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	592	1

View Market Depth

No.	Vol.	Price($)
1	117980	0.051
2	29940	0.050
1	20000	0.047
1	23000	0.046
1	20000	0.045

Price($)	Vol.	No.
0.052	592	1
0.054	68099	1
0.055	11746	1
0.057	85000	1
0.064	3409	1

Last trade - 15.53pm 19/06/2024 (20 minute delay)

HVY (ASX) Chart

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