@upthedell - re your point 7 about the refresh of shares at AGM - ASX company is restricted with how many shares it can issue without shareholder approval. In order to be able to raise capital and issue shares over the next 12 months, we shareholders need to approve the shares that have been issued over the last 12 months. Approving all past issues, will allow HIO to issue 15% additional shares. There is also a resolution to allow management to issue a further 10%. This process is fairly common for junior resource companies.
HIO Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
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