HAV 10.6% 21.0¢ havilah resources limited

Ann: Renounceable Rights Issue Update and New Prospectus, page-69

  1. 3,016 Posts.
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    Interesting trading in havr

    So seller had or has a large stake in hav.

    Could be a prearranged deal that the seller would sell down havr so that the buyer obtai s a stake on the agreemwnt that the buyer will take amd exercise his rights. Therefore guarenteeing rights issue being taken. The seller does not ot cannot pay for all there right s exsrcise at 20cents. Might aswell make a few dollars while u have them.

    As for the punter issue kinder hard to see anybreal gain in trying to trade Havr for a return.

    In sayjng that Hav trades 21cent then the option would be worth .007.

    HAVR will trade at a substantial discount to HAV and would need HAV to probably trade good volune at 22cents for havr to trade at .007. Still a six bagger in rhe offing if u think HAV can get past 22 by end of month.
    7 trading days anything could happen and a portia update due around 25th.

    If that surprises then 22 is possible.

    Cheers
 
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Last
21.0¢
Change
-0.025(10.6%)
Mkt cap ! $66.49M
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22.0¢ 23.0¢ 21.0¢ $34.36K 159.4K

Buyers (Bids)

No. Vol. Price($)
2 222456 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 9960 1
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Last trade - 15.45pm 22/07/2024 (20 minute delay) ?
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