HCH 3.13% 93.0¢ hot chili limited

Ann: Trading Halt, page-279

  1. 8,702 Posts.
    lightbulb Created with Sketch. 1364

    Sophs who get the raise get 100%

    Retail who missed out get 80% tops.

    Should have been a rights issue IMO and they could have underwritten it if necessary with their instos... not like the funds were desperately needed short term.

    The raise was effectively at 94c after costs over 20% discount to VWAP.
    Last edited by Big Kahuna 101: 02/05/24
 
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3 24442 93.0¢
 

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