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6.67% 1.6¢ harvest technology group ltd

Capital Raise?

  1. thetruthsayer
    5 Posts.
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    26/11/16
    15:05
    Post #: 20908940
    Anyone think they are going to capital raise off the announcement for a trial at City Beach in Perth. They are only deriving a few hundred $k for what I am hearing is tech that doesn't really work that well. Announcement is Sunday, they don't lift suspension until Tuesday at the earliest.

    Looks like a placement spiral to death here.. 12c next target?

    Short on the back of the announcement to make some coin? Certainly better than going long
    SM8 Price at posting: 15.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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