The whole sharemarket, including miners, has eased backwards over the last few days. It was understandable that the share price would slip back to around 3.8 cents when the share issue was announced.
Given that this is a company which is a going concern in a niche market I reckon that the share price is unlikely to remain at these levels for too long in the New Year. Unless the world economy goes backwards I can't see this company's shares going anywhere but up. Accordingly I don't expect any significant shortfall neither (I'm guessing) does the Company.
It is established that the Company has a loyal band of large shareholders who backed the Company through its worst times: they're unlikely to leave a few unissued shares lie idle when the future looks so much rosier.
HAZ Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
