'relevant period' is a rolling target - you do the calculation for the 12 months prior to when the shares will be issued, so 31/1/24 - 30/5/25.
7.1 capacity (the 15%) can also be refreshed by shareholder approval - so for example the whole Oct-24 placement doesn't eat into 7.1 capacity because they were approved by shareholders at the AGM.
I expect you'll see them load up approvals into the meeting to refresh their 7.1 capacity for everything: Both tranches of placement, the Gold crane placement, Nebari if it's req'd.
I think your interpretation of the 10% is right.
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HRZ
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Ann: Successful A$30M Two Tranche Placement to Fast Track Growth, page-111
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Last
5.0¢ |
Change
-0.004(7.41%) |
Mkt cap ! $133.1M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.0¢ | $84.48K | 1.670M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 356600 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 80000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1175800 | 0.050 |
6 | 1140987 | 0.049 |
12 | 1010292 | 0.048 |
9 | 1726409 | 0.047 |
9 | 2046869 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 43468 | 1 |
0.053 | 20000 | 1 |
0.054 | 213759 | 2 |
0.055 | 2204062 | 11 |
0.056 | 1600000 | 4 |
Last trade - 10.10am 23/06/2025 (20 minute delay) ? |
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HRZ (ASX) Chart |