HXG 0.00% 1.1¢ hexagon energy materials limited

capital raising

  1. 394 Posts.
    It's going to happen and it's going to happen soon. We need around 50 million to develop the mines in WA and Korea. The big question is - how will it be managed?

    Will it be shares sold at a discount to "sophisticated investors and the instos or will we get a look in? And, if so, what form will it take?

    I'd like to be able to buy discounted shares (but not too much of a discount as that would cripple the SP) but also be given options (let's say 1 for 1 at a strike price of $3 valid for 2 years).

    Anyone got any opinions?
 
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