Re today’s placement, HAV did include it as a funding option in its 04/25 QR, see section 8.8.3 of Appendix 5B.
As to going this route rather than a rights issue or SPP as many (including me) expected, here are some thoughts:
• Whoever has been working to hold the SP back has contributed to this placement being at a lower price than it otherwise would have been. When you consider how much Au and Cu prices have moved and the volume of M&A activity since the last SPP, both raisings were at 18 cents.
• Given the administration involved with a RI/ SPP, this placement ensures HAV is funded for the time being, giving me the impression that HAV can focus on something value accretive instead.
• Anyone who was waiting for a CR to top up will now need to buy on-market, potentially putting a floor on the SP.
• HAV has a supportive substantial shareholder base. Any ‘sharks’ out there seeking to take HAV or its assets at a substantial discount to fair value, have been put on notice.
Onwards and upwards.
DYOR
- Forums
- ASX - By Stock
- HAV
- Ann: Section 708A Notice - Share Issue
HAV
havilah resources limited
Add to My Watchlist
5.41%
!
19.5¢

Ann: Section 708A Notice - Share Issue, page-5
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $66.15M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 18.5¢ | $5.918K | 30.89K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100286 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 73002 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100286 | 0.185 |
4 | 432151 | 0.180 |
4 | 280223 | 0.175 |
6 | 233593 | 0.170 |
3 | 173000 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 73002 | 3 |
0.200 | 488406 | 6 |
0.205 | 334 | 1 |
0.210 | 7000 | 2 |
0.220 | 116650 | 2 |
Last trade - 11.50am 30/07/2025 (20 minute delay) ? |
Featured News
HAV (ASX) Chart |