All listed companies get a 12 month 15% issuing capacity dated from when it was last used or part used. So I havent worked out when HRZ used up the 15% or the new start date (Golden Crane was near 10% and the other 5% may have been part of trance 1). The additional 10% capacity approved by shareholders at the last AGM has been used for tranche 1 and Nabari 50 million conversion. Tranche 2 has no capacity because the 15% and 10% have been used up so it goes to a shareholder vote.
ASX listing rule 7 guidance note.
https://www.asx.com.au/documents/rules/gn21_chapter_7_restrictions.pdf
Ann: Successful A$30M Two Tranche Placement to Fast Track Growth, page-107
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Last
4.9¢ |
Change
-0.005(9.26%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 4.9¢ | $369.7K | 7.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1165649 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 300000 | 1 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| HRZ (ASX) Chart |