HXG 0.00% 2.5¢ hexagon energy materials limited

Comnpany announces capital raise is coming, page-3

  1. 1,391 Posts.
    lightbulb Created with Sketch. 1190
    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.

 
watchlist Created with Sketch. Add HXG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.