Ann: Trading Halt, page-20

my guess is a placement to one or more offtakers with a sales agreement baked in or other strategic partners. The clue is the phrase: “proposed capital raising initiatives,” rather than your bog standard Rights Issue or SPP or Sophs issue and plural.

The world and his wife knew HFR were passing round the hat, every recent ASX Ann stated it categorically. The timing of the sell-off this week reeks to high heaven though, but all trades are traceable so if it’s not a highly unlikely total coincidence, the perpetrators will face the music, no doubt. Serves them right for sheer stupidity.