HCH
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0.54% 92.5¢ hot chili limited

Sophs who get the raise get 100%Retail who missed out get 80%...

  1. Big Kahuna 101
    8,699 Posts.
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    02/05/24
    08:44
    Post #: 73621698

    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
    HCH Price at posting: $1.25 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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