HXG 4.55% 2.3¢ hexagon energy materials limited

Comnpany announces capital raise is coming, page-3

  1. 1,404 Posts.
    lightbulb Created with Sketch. 1194
    https://hotcopper.com.au/data/attachments/4065/4065766-eeb7dee753ccad8306b9dc80781fc0c7.jpg
    Breached two major support lines
    Significantly below 50 and 200 d ma
    Major sell off at the start of the month with sugnificantly higher volume.
    Announced they will be raising capital soon.
    PFS will come out soon, so maybe a chance to get out before CR? Question is how will people react when they know the cvoal tenement they bought is useless and still hasn't been drilled.

 
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