I think we get it Stockfella and your posts are very well written. But when you cut through the smoke and mirrors there's very little free cash for the business to acquire inventory and grow so there's no way they're not going to need additional capital. Now if they have to offer 20+% discounted shares to whatever the VWAP of HT8 is in the near future there's significant dilution ahead. Which is why I've sold out and I'll get back in once funding is secured at who knows what price. Could be as low as 5c at this rate of decline. And that's with a 20% offering to SI's, which in my experience is pretty accurate if not a conservative discount given the company hasn't got 'runs on the board' yet. While I agree with you there's still plenty of promise ahead for the business generally they should've raised ages ago to give the business plenty of fat to navigate through this phase of growth. All IMO let's see what happens.
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0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.393M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $1.201K | 150.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99900 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 322000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 99900 | 0.008 |
9 | 1411000 | 0.007 |
2 | 740000 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 322000 | 1 |
0.010 | 392291 | 3 |
0.012 | 1355793 | 3 |
0.015 | 3556 | 1 |
0.017 | 876500 | 3 |
Last trade - 10.04am 04/06/2024 (20 minute delay) ? |
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